Christina McHan failed to repay a 200 loan from Cash Biz near Houston. In November 2012 she was arrested, pleaded guilty, and was assessed 305 in additional fines and court costs. She spent a night in jail to pay off the debt. In Amarillo, the wife of a military veteran with 23 years of service complained to the Office of Consumer Credit Commissioner that the Potter County Attorney was pursuing theft charges against her husband even though the couple was in bankruptcy.
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Such loans are not a long-term financial solution. Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice.
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