In Toronto, Shayan Khan states his loans that are payday a trap, spiralling away from control in just a few months.

In Toronto, Shayan Khan states his loans that are payday a trap, spiralling away from control in just a few months.

The 40-year-old got their first $100 cash advance two years back, and paid it right straight straight back after a couple of weeks.

But he instantly borrowed more to pay for cost of living.

In just a month or two, he had been borrowing $900 every a couple of weeks , and spending another $189 in charges to pay for the price of the loans. Continue reading “In Toronto, Shayan Khan states his loans that are payday a trap, spiralling away from control in just a few months.”