Exactly How Predatory Debt Traps Threaten Vulnerable Families

Endnotes and citations can be found in the PDF and Scribd variations. A few weeks ago, Renee Bergeron—a mother that is single Duluth, Minnesota—was between paychecks and took down a tiny pay day loan to simply help protect her lease. When her payday arrived around, Bergeron found—much to her dismay—that she ended up being struggling to spend her bills that …