Scheme skirts Georgia’s legislation banning payday financing

Scheme skirts Georgia’s legislation banning payday financing

ATLANTA — Well, that is effortless, Renee McKoy thought, seeing the offer.

The metro Atlanta girl knew she could purchase footwear and groceries online. So just why maybe perhaps maybe not additionally you will need to look for a loan? She clicked a message website website website link, squiggled a signature that is digital watched $800 pop into her bank-account.

Exactly exactly What she did not recognize had been that she was lured in to a scheme that skirts Georgia’s law banning lending that is payday. McKoy finished up owing three times the quantity of her loan, a lawsuit that is federal. Continue reading “Scheme skirts Georgia’s legislation banning payday financing”