Why Pay Day Loans Are Bad

Why Pay Day Loans Are Bad

Are pay day loans bad? The answer that is short: “YES!” Listed here are seven reasons to prevent them without exceptions.

1. High-Interest Fees

Many individuals don’t comprehend the interest that is actual payday advances. They see $15 for each $100 borrowed and think the attention price is 15%, which appears reasonable in comparison to other credit items and interest levels. 继续阅读“Why Pay Day Loans Are Bad”