Walks customers through the experience of applying for and trying to payback a payday loan
This is Paul. Paul works at a grocery store, and due to his inconsistent working hours, has a very volatile income.
Paul one day broke his ankle at home, and was forced to receive very expensive medical care.
In order to pay the medical bills, Paul was forced to apply for a payday loan
In an attempt to help pay off the payday loan that he applied for, Paul was forced to get a second job working at a fast-food restaurant.
Even after getting a second job, Paul was forced to roll over his loan to another term, resulting in more hidden fees and more interest he was forced to pay.
In the end, Paul was never able to escape this debt trap due to the high interest rates of the loans, and he had to file for bankruptcy.
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