By Jeff Stoecker вЂў Published 10, 2014 вЂў Updated on September 10, 2014 at 8:49 pm september
Whenever Dwight Graham discovered himself in a financial pinch back in 2012, he hoped a fast loan for some hundred dollars would fill the space. The 60-year-old Navy veteran from Groton sent applications for a loan that is payday-type from a business called money Call.
“They stated they certainly were interest that is small, and I also stated that is fine,вЂќ said Graham. вЂњUntil i obtained onto some type of computer, my pal seemed it, and told me you are spending more than 100 % interest.”
The mortgage had been arranged to simply take repayments straight from GrahamвЂ™s bank-account.