Tag Archives: AmeriCash

Podcast: How a $1,000 Loan Ballooned into a $40,000 Debt

Posted on December 17, 2013 by The Soul Brother

By Minhee Cho When Naya Burks was strapped for cash five years ago, she borrowed $1,000 from AmeriCash Loans at an enormously high annual interest rate of 240 percent. It wasn’t long before she defaulted on payments and AmeriCash took … Continue reading →

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