Payday Users Share Their Experiences
When Roger Harris entered the center of Advance America payday loan in the early summer of 2008 all he wanted was a small amount of money for bills.
He ended up with a financial headache, what he calls harassment and the loss of his account.
Harris is a disabled veteran who lives in Woonsocket. He was injured in a car accident 17 years ago when his car skidded off the road on a patch of black ice. He uses a wheelchair to get around.
At the time, Harris has lived on $ 845 a month in the form of income security for persons with disabilities social.He used this money to buy food and pay rent, and rarely had a little spare. So when his money ran out at the end of the month and he had not paid its bills, Harris decided to take a payday loan of $ 300 to cover short term expenses until his SSDI check entered
In the center payday told him he would have to repay $ 340 to $ 300 loan in 13 days. Harris gave a post-dated check, they said they would cash after 13 days.
Meanwhile, Harris had to pay his rent and buy food, leaving only $ 100 to pay off in the middle of salary after 13 days.He said he went to the center and explained his ordeal. He gave them $ 100 and told them not to cash the check post-dated because there was no money in his account.
A week later, they cashed the check and bounced back. Harris was charged a fee of $ 25 insufficient funds, overdraft fees of $ 35 and $ 33 returned check fee.
According to the NSF, Harris says the harassment began. Harris could not afford to pay more than the loan back because the bank took his fees directly from his account in his disability check came, leaving him with only enough to pay the rent.Once or twice a week a lady instead of the payday loan would knock on his door to his building at 7 am If it was not there, it would leave an orange sign on his door saying, "We were here . 'They call every other day, leading Harris to stop answering the phone.
BY Mary Still The nature of 
A FREE Northumberland debt advice service has urged people to be wary of 'payday loans'. Estimates suggest that around 3.5million people in the UK may turn to such financial services in the next six months as they struggle to make ends meet after