John Wozniak: Discussions about Financial Support till Payday of Americans

"The banks and government have failed us," said John Wozniak yesterday in a press conference regarding the state of payday loans. "We can't trust them to provide the services they were designed to provide."

John Wozniak is one of many who feel that neither the government nor private banks can be trusted with his funds. Ever since economic crisis, people like John Wozniak have been forced to turn to payday lenders for help. This isn't a problem that's going to go away anytime soon, either: according to statistics released by the government agency, payday lending is on the rise, and shows no signs of slowing down.

John Wozniak has been a victim of bank fraud in the past, and it's this sort of experience that led him to seek out alternative funding mechanisms. "I don't know what I would do without payday loans," he said during his statement.

John Wozniak is a resident of Pennsylvania state. For years, he has been using payday loans to make ends meet. "It's always been hard for me to find a good job. The economy is bad, and I'm really not qualified for anything besides manual labor," he says. "Payday loans have helped me get by."

But recently, the government decided that it needed to protect people like John from themselves. "People like me can't be trusted with money," John said. "I know that my best interests are at heart here."

So now, payday lenders are charging higher interest rates than ever before, and people like John can't borrow as much money as they used to. "This will definitely hurt," he said. "I don't know what I'm going to do now."