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Lawsuits by payday lenders swamp courts. 27,000 Utahns sued for nonpayment since ’05

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Lawsuits by payday lenders swamp courts. 27,000 Utahns sued for nonpayment since '05 Share this tale Share this on Facebook Share this on Twitter Share All sharing choices for: legal actions by payday lenders swamp courts Pocket Email "Payday loan" shops state most clients of the 500-percent-or-so-interest loans are able to afford them. Advertisements call them "hassle-free" or "quick and simple." But payday loan providers have actually sued almost 27,000 Utahns for nonpayment since 2005, Deseret Morning News research discovers. That is 24 people sued each or one an hour day. It's the same in principle as suing easy money payday loan Lancaster every guy, girl and son or daughter in Clearfield, Midvale or Spanish Fork (each with populations of approximately 27,000). ...