In the Battle Over Florida’s Racially-Charged Cash Advance Racket

In the Battle Over Florida’s Racially-Charged Cash Advance Racket

All Gomez had to do was prove employment and write out a personal check from a valid bank account post-dated by 14 days, at which time he was set to receive his next paycheck to get the four Benjamins. He decided to pay off the complete quantity, plus a $41 finance cost, Gomez recalls.

“we reimbursed the $441, nevertheless the following day, we took out another $400 pay day loan because I required the cash,” he told VICE. “I became in this vicious period for 3 months.”

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