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Emerald Coast Living

A lifeline for workers who face hardship between paychecks

Posted on - By Sarah Skidmore and Alexandra Olson AP Business Writers

Luis Vazquez and his girlfriend were down to their last $50 after she got sick and had to miss work for a month.He already paid his rent and bills for the month, but without her income the couple couldn’t cover groceries and other essentials. His next paycheck was more than a week away.Faced with a similar cash crunch years ago, Vazquez had resorted to a payday loan, a high-interest, short term loan meant to tide a borrower over until the next paycheck. But the couple and their […]