Michael Bloom Realty Company. Indigenous American Payday Loan s are now designed to help you

Date: November 24, 2020 | Category: 30 day pay day loans

Michael Bloom Realty Company. Indigenous American Payday Loan s are now designed to help you

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Cassidy: Silicon Valley just starting to rebel against payday loan providers

Date: October 20, 2020 | Category: 30 day pay day loans

Cassidy: Silicon Valley just starting to rebel against payday loan providers

Sarah G. Portales already has her New Year’s resolution: forget about payday advances.

You understand pay day loans, right? You get down seriously to a community storefront for typically a two-week loan that is included with exactly just what amounts to an interest rate that is enormous. And undoubtedly it’s unlikely you’ll be able to pay the thing back, so you take another loan with another sky-high fee attached to pay the first loan — and pretty soon you’ve got real trouble since you were desperate enough to take a payday loan in the first place.

“Now we realize it is a cycle,” says Portales, 51, a single mom who’s struggled to obtain 16 years being a custodian at San Jose State.

We came across Portales at San Jose City Hall, where City Council people have reached minimum speaing frankly about reining in a nagging issue that the Legislature has neglected to deal with for a long time.

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