The controversy surrounding payday loans has many people confused with how these lending solutions operate. The truth is that these types of loans are not solely meant for the destitute or those who do not understand how dangerous they can be financially. They are not traps to ensnare the unwary. A payday loan is simply a short term loan with few restrictions. Unlike the typical loan lending practice, a payday lending solution does not have nearly as much red tape involved.
What Is A Payday Loan?
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