Laddie Cross, a business and loan specialist for the Southeast Economic Development Fund Inc. (SEED $), is a retired banker who said that while many might be tempted to look to a payday loan for a solution fast, it could actually make their financial problems worse. to the extent that the interest payment is on …
$ SEED Offers An Alternative To Payday Loans Local company Read More »
Payday loans are expensive and charge very high fees which must be paid off in a short period of time. In fact, you could end up paying an effective APR over 400% if you take out a payday loan. Despite this disadvantage, many people use payday loans anyway. And there are valid reasons for this. …
This is the main reason why payday loans are so dangerous Read More »
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. If you need quick cash to cover an emergency or essential living expenses, you might be tempted to take out a payday loan. These loans are …
9 payday loan alternatives to save you exorbitant fees – Forbes Advisor Read More »
