Robert Sherill was a drug dealer. He was young and he made some serious mistakes. In his own words, “When I needed money, I sold drugs.” Eventually his crimes caught up with him and after several years in prison, he emerged resolved to build a better life for himself.
The only problem was that no one would take a risk on Robert. He couldn't get a job. He couldn't get a loan. He couldn't even get a bank account. The deck was stacked against him. It was against these odds that Robert decided that if he was going to turn his life around, he needed to start his own business.
Enter a local small dollar lender who understood Robert’s situation and designed a financial product to fit his needs.
“The payday loan I got...was a lifeline,” said Robert. “It enabled me to start a business.”
Robert understood the loan needed to be paid back. He understood how much it would cost. And he made a decision that was right for him.
Today, Robert’s business employs 20 people and is still growing. He is a member of his local chamber of commerce and of the Better Business Bureau. He is a productive member of his community, but it all may have been for naught if he couldn’t access a small dollar loan.