Payday Loans On The Internet Have Their Risks

Read More About: Where To Invest In Property Australia By Charles Essmeier If you have poor credit, or a past bankruptcy, it can be tough to take out a loan from a traditional lender. The payday loan business arose to offer short-term financing to individuals with little credit, and the industry is doing brisk business. There are now more payday loan stores in the United States than McDonald’s, Burger King and Subway restaurants combined. The interest rates, or “fees” charged for payday loans can amount to 400% per year when…

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