Where can the poor turn to avoid predatory lending?

Gloria Orjuela, a 53-year-old Providence resident, is disabled and living on supplemental-security income.

Originally from Colombia, Orjuela has lived in the United States for 27 years, and moved to Providence more than a decade ago. In January, her mother, who still lives in Colombia, became ill and was rushed to the hospital.

With no savings, and feeling like she had no other options, Orjuela turned to the $46 billion payday-lending industry and borrowed $450 from Check ’n Go in Providence.

Gloria Orjuela, a 53-year-old Providence resident, is disabled and living on supplemental-security income.

Originally from Colombia, Orjuela has lived in the United States for 27 years, and moved to Providence more than a decade ago. In January, her mother, who still lives in Colombia, became ill and was rushed to the hospital.

With no savings, and feeling like she had no other options, Orjuela turned to the $46 billion payday-lending industry and borrowed $450 from Check ’n Go in Providence.

Read the full story at Providence Business News here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s