'we felt like these people were benefiting from me:' Wisconsin lawmakers aim to rein in payday loan providers

'we felt like these people were benefiting from me:' Wisconsin lawmakers aim to rein in payday loan providers

Wisconsin lawmakers aim to rein in payday loan providers

MILWAUKEE -- a lot more than $22 million in pay day loans had been given in Wisconsin year that is last.

The interest paid was more than the initial loan in some cases.

Now, number of lawmakers desires to rein in payday loan providers.

One girl claims she regrets the mortgage she took away and reached off to Contact 6.

"we felt me," said Jasmine Gray like they were taking advantage of.

On CashNetUSA, Gray ended up being authorized for the loan and in actual fact arrived that same time.

Her relief ended up being short-lived.

"They delivered me personally the agreement and I also had been like, 'wait one minute, just exactly exactly what? That is just how much i must pay off?'" stated Gray.Read more