Post from Community: Better Business Bureau guidelines: think about options before obtaining pay day loans

Post from Community: Better Business Bureau guidelines: think about options before obtaining pay day loans

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Some may be considering payday loans, which are short-term loans that come with exceedingly high-interest rates with so many people strapped for cash because of the COVID-19 pandemic. Unfortuitously, many payday borrowers end up not able to repay the main, costs and interest at the conclusion regarding the mortgage period into a cycle of debt so they renew the loan, incurring even more fees and interest and trapping themselves. Read More