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AmeriCash

Payday lenders find profitable market in Champaign-Urbana

By Dan Petrella/CU-CitizenAccess â€“ Connie Harrison doesn’t live like a spendthrift.

The 58-year-old University of Illinois graduate shares her modest, two-bedroom house in rural Fithian with several cats, mostly strays she’s taken in over the years. She has more than 200,000 miles on her 1996 Geo Metro.

Darrell Hoemann/The News-Gazette/Valerie McWilliams, managing attorney of the Land of Lincoln Legal Assistance Foundation, in her Champaign office.
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A look at AmeriCash loans

Here is a look at eight of the AmeriCash loans made since December 2005 that have ended up in Champaign County small claims court.

Borrower: Salvatore Bordenga, of Thomasboro

Loan date: May 15, 2006

Amount borrowed: $900

Interest rate: 290 percent

Finance charge: $1,888.50

Total due: $2,788.50

Remaining balance at time of lawsuit filed Sept. 14: $1,071.30

Case status: Open

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