Payday loan florida.A payday loan provider storefront in Miami, Florida Whenever Jon Gomez needed some fast money to fix a cooling fan in the 2007 Toyota, the 38-year-old distribution driver relied on a favorite financial solution provided by Amscot—The Money Superstore. The Cuban-American stated he took down a $400 pay day loan at certainly one of their places in Hialeah, Florida, where he lives. All Gomez had to do was prove employment and write out a personal check from a valid bank account post-dated by 14 days, at which time he was set to receive his next paycheck to get the four Benjamins. He consented to pay off the amount that is full along with a $41 finance fee. “we reimbursed the $441, nevertheless the overnight, we took away another $400 pay day loan because we required the income,” he told VICE. “I happened to be in this vicious cycle for 3 months.” It surely got to a place that the guy don’t have enough money to protect one of his true cash advance checks, and it also bounced. Under Florida legislation, Gomez cannot get another payday loan until he settles the outstanding one. “That turned into a blessing in disguise,” he...