Beware of Payday Loans! Payday Loan Pitfalls and Alternatives

May 31, 2013

Although payday loans can seem like a good solution when a person needs a quick sum of money, doesn’t have collateral for a loan and doesn’t want to endure credit checks, these loans can entrap borrowers, becoming a sort of financial quicksand that can quickly pull them into serious debt. The reason for this is…
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