Under a week after Bing stated it had been banning adverts for payday advances, one manвЂ™s story is making nationwide headlines. HeвЂ™s a good example of exactly exactly exactly just how a little bit of economic misfortune can develop into a hill of financial obligation.
Back 2003, Elliott ClarkвЂ™s spouse broke her ankle. She couldnвЂ™t work, therefore to maintain because of the bills, Elliott took away a $500 cash advance. Then he took away four more totaling $2,500.
вЂњI’d nowhere else to get,вЂќ Clark recently told the Kansas City payday loans missouri celebrity. вЂњI’d a family group, a child in university, bills to cover вЂ¦ IвЂ™m a man that is honest.
вЂњThose places shouldnвЂ™t be permitted to do this,вЂќ Clark added. вЂњItвЂ™s simply glorified loansharking.вЂќ