A middle-class proceed to payday loan providers. Years ago, a member of staff might have expected their company for the advance on their paycheck.
A middle-class proceed to payday loan providers. Years ago, a member of staff might have expected their company for the advance on their paycheck.
The unpretentious city of Cleveland, Tenn., in the foothills of the Great Smoky Mountains seems an unlikely epicenter for a $50-billion-a-year financial industry with its quaint downtown and tree-lined streets.
But that's where W. Allan Jones founded look at money, the granddaddy of contemporary lenders that are payday which focus on an incredible number of financially strapped working people who have short-term loans -- at annualized interest levels of 459%.
“It’s the craziest company,” said Jones, 55, a genial ...
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