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Tag: Payday Loan Myths

Frequently Asked Questions and Answers About Payday Loans in 2023

FAQ and Answer About Payday Loans in 2023

As per current economic circumstances, few people have enough savings to dip into during an emergency. But many people don’t have enough and they turn to personal loans to help them. These short-term loans often have higher interest rates than longer-term options, such as mortgages. However, they are paid back over a shorter period, leaving you out of debt faster than other options. Payday loans are a popular lending Read More

Payday Loans myth

Payday Loan Myths

With the explosion in growth of the payday loan service, many so-called watchdogs and consumer advocates have leaped into the fray to charge payday lenders with any number of heinous abuses of hypothetical underprivileged borrowers. Called everything from unscrupulous lenders to loan sharks, most detractors have played on stereotypes and consumer fears. While they have Read More

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