Sunday, May 12, 2013

Raymond Cheney "It's like a drug!"

   Apparently a 66 year old Idaho man, borrowed by a payday lender on the internet to pay for car repairs last fall.

   When the loan came due, he couldn't pay and renewed it several times.  Then he started taking multiple loans from different sites and by February, they took his bank account, he was thrown out of his apparement.

   He had borrowed nearly $3000 and owed $12,000. He is now homeless, living in a shelter in Boise.

1 comment:

Anonymous said...

He still has a roof over his head. Where did the $12,000 go, in his pocket?