Sometimes we simply need cash – fast. Payday loans are designed to service this need but, at the same time, are considered a predatory lending practice. What is a predatory lender? One that targets low income borrowers and charges them usurious rates that are much higher than the typical bank or consumer credit card – an astounding 300% or higher. Gee thanks!
If you are considering a payday loan, there are six things you really want to know before moving forward
Lots of people use payday loans so what's the big deal?