Have you heard that nearly 2600 Americans a day are filing for bankruptcy? Many Americans in need are turning to payday loans. The problems documented in the industry are well known and truly stated by the media, but not always a true statement of truth. The biggest mistatement involved the APR, that is usually touted as being over 300 - 500%. These numbers are truly stated but not statements of truth. If they were true, banks that charge outrageous fees for late credit card payments and bounced checks should also be thrown under the bus. As always study the truth about cash advance payday loans for yourself before you borrow any money from anyone.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment