We have been hearing a lot of fuss about fast cash that is available. These short-term payday loans have a high interest rate, and so many want them banned. New laws are in effect to do this. But rather than slow down payday loans, they have only changed. Now fees are assessed instead of interest.
Payday loans are here to stay. They are helpful. They provide fast cash to those who need it. You can get a cash advance online or in many stores. People with a lot of money don't understand this and never will. Those of us who struggle depend on ways to get money when we really need it. payday loans offer short-term credit for us.
Stop trying to restrict and ban an industry. People need all the help they can get right now.
2 comments:
I agree, the media and alot of states are trying to get rid of payday cash advance lenders but I think they help out in many different situations. I have taken advantage of payday loand many times and was very pleased.
Thank you for your honest take on a sensitive issue. I work in the industry , Payday loans in Australia
Payday loans can be so helpful in those real emergencys!
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