One "middle floor," he stated, can be to provide individuals extra time to repay. For instance, lenders would enable borrowers to pay again $four hundred over six weeks as an alternative of 4, he mentioned. "I want folks may have simply had extra courage," she stated. Richards, fifty six — the Dallas borrower — mentioned he discovered a precious lesson. He borrowed the $300 after his Social Safety test was delayed by two months and he couldn’t pay his rent or purchase meals.
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