What are the dangers of using payday loans?

Why Payday Loans Are Dangerous

  • 5 Reasons To Avoid Payday Loans.
  • They Create a Cycle of Debt.
  • High Fees Apply.
  • Rollovers Allow You To Get Deeper in Debt.
  • They Come With Potential for Repeated Collection Calls.
  • They’re Not a Solution for Large Financial Issues.
  • Borrow From a Trusted Friend or Family Member.

Mar 2, 2021

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