Cash Pay Advance

So it confirmed for her that a need for the class existed when she learned some of her most vulnerable clients – many of whom were homeless not long ago – were being aggressively marketed by payday lenders for high interest, short-term loans two weeks before Christmas. The yellow plastic bags contained balloons, pens, matches and coupons to a local pizza restaurant – along with a brochure encouraging the reader to visit Advance America for a loan of $100 or more. Dupree designed her “Free to Choose” classes as a way to help people with money woes, or those just starting out, learn how to navigate the financial world and make basic economic decisions. Dupree estimates half of the students, some of whom live in Courtyard Apartments, enrolled in her course have gotten into trouble with payday lenders and she has talked to several students who have had to get one payday loan to pay off another. Advance America’s loans are intended to help people out of a tight spot, and the high interest rates often cost less than a bigger bank’s penalties for bouncing a check or overdrawing an account. For her part, Dupree hopes the people in her class learn the tools to become financially stable enough to not have to borrow from payday lenders, which are proliferating in Montana. Find Out More

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