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Let me make it clear about Teacher: $200 pay day loan forced me to brink of bankruptcy

With bills mounting up, her credit shot, and a selection looming every day of whether or not to invest her final bucks on meals or on gasoline to make it to work, senior high school science teacher Dawn Schmitt went online looking for monetary hope.

Search engines led her towards the web site of the business called MyNextPaycheck. And within a few minutes, $200 had been deposited into her banking account – a short-term loan to cushion her until her next payday.

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It seemed too advisable that you be real, she told a federal jury month that is last. Continue reading