The Dangers Of Payday Loans

November 25th, 2019
The Dangers Of Payday Loans



  1. While there have been restrictions applied, currently lenders can charge up to fifteen dollars for every one hundred you borrow. It may not sound like a lot of money, but it is crippling, partially because…
  2. The cost of payday loans is compounded due to the fact that you are paying this fee with after tax dollars, further deteriorating your wealth. This is a critical cost that cannot be overstated, which leads to the fact that…
  3. Payday loans are a notoriously slippery slope. As you give more after tax dollars away in fees, you find yourself requiring payday loans more frequently, often causing you to increase the amount of the loan you are taking.
  4. We have seen a noticable and consistent increase of clients who get caught up in the ever increasing payday loan cycle and can not get off.
  5. If you find yourself getting multiple payday loans, contact us today. Consultations are free.