Texas Observer: Fast Cash – How Taking Out a Payday Loan Could Land You in Jail
July 16, 2013
When Roger Tillman lost his job, he knew money would be tight. But he never thought he could end up in jail for being broke.
Tillman’s job as a late-night security guard in Houston had paid $9 an hour, and by picking up extra shifts, Tillman could just afford rent, groceries and other bills. But in 2008, amid the economic collapse, the security company scaled back overtime shifts, straining his finances. Worried that he couldn’t pay his bills, Tillman reluctantly went to The Money Center, a payday loan company with locations in San Antonio and Houston. Read more here.