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Teacher $200 pay day loan forced us to brink of bankruptcy

Teacher $200 pay day loan forced us to brink of bankruptcy

With bills mounting up, her credit shot, and a selection looming every morning of whether or not to invest her final bucks on meals or on gasoline to make it to work, high school science instructor

went online searching for monetary hope.

Search engines led her into the web site of a ongoing business called MyNextPaycheck. And within seconds, $200 was deposited into her banking account — a short-term loan to cushion her until her next payday.

It seemed too good to be real, she told a federal jury final thirty days.

It had been. Within months, she was bankrupt.