The Pima Council on Aging is worried with all the procedure of payday lenders. In split situations, two senior Tucson ladies became therefore indebted to payday lenders that they had to have assistance from Jennifer Walker, client advocate when it comes to agency. Walker stated among the women was spending half her month-to-month personal protection check on her pay day loan.
вЂњThe rate of interest these places fee is usurious,вЂќ Walker said. вЂњAnd it is particularly unfortunate whenever a senior widow uses a loan such as this to fix the vehicle she requires in order to get to her medical practitioner.вЂќ