Only a fraction of that money goes to tribal affiliated lenders. Angela Vanderhoof of Olympia, Wash.borrowed 400 from OneClickCash in October 2010, not realizing she would eventually pay 690 in interest on her loan or that she would be hit with as many as four overdraft charges on her checking account in a single day. The withdrawals left her nearly penniless, she said.
When she talked to the Center for Public Integrity last fall, she wondered if she would ever be able to get any of that money back. Today, shes one of the borrowers listed in the FTC court documents. I think its great that somebody doing something, she said.
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