'Payday' or 'check' loan shops are always found in economically deprived areas, or near military bases. People run out of money near the end of the month, and then seek a solution that almost always ends up creating greater amounts of debt. (Example: you give them a check for $256- they give you a check for $200. They hold the check you gave them , until its time for you to settle up, usually 30 days later (geared around monthly government stipends). You don't have the money needed to repay- so they urge you to refinance, repeating the cycle, digging a deeper hole for you.
These predators seem to violate many state and federal laws concerning truth in lending rules, they illegally threaten the customer with jail time for non-payment, etc. ....(and who owns these outfits anyway - Citibank? Chase Manhatten?)


A persons car insurance rate can rise due to a bad credit rating.