Payday blues: Rural Michigan and the quick-cash debt hole
LUDINGTON—Four years ago, Merenda Vincent was desperate for cash. She had an overdue car payment, along with a medical bill she couldn’t pay. Living on a monthly Social Security check of less than $1,000, she had no money in the bank. Vincent recalled that she walked into a payday lending store called Check ‘n Go outside Ludington, a small Lake...