Payday loan providers sued 7,927 Utahns a year ago Industry claims many clients can easily repay loans that are high-interest. The Salt Lake Tribune by Lee Davidson It is an article that is archived was posted on sltrib.com in 2015, and information within the article could be outdated. It’s supplied just for individual research purposes and could never be reprinted. Herman Diaz of Southern Salt Lake borrowed their very very first cash advance at about 500 per cent interest that is annual he required $300 to fix their automobile. That mushroomed, he states, into almost $10,000 of financial obligation, finally forcing him into bankruptcy. Mostly,Read More →