Missouri guy Paid $50,000 in Interest After using $2,500 in pay day loans Elliott Clark borrowed cash to guide their household but struggled to pay for it straight straight back. В— -- tiny pay day loans are touted as quick, short-term use of cash, but people like Elliott Clark of Kansas title loans online Ohio direct lenders City, Missouri, call them "debt traps." A retired and disabled aquatic, Clark nevertheless has a time that is hard in regards to the significantly more than five years for which he claims he struggled to pay for $50,000 in interest which started with $2,500 of the loans, often called "cash improvements" or "check always loans." "It had been hard without breaking down in tears," Clark told ABC News for me
