Payday loans and all its various forms are hot topics these days. There is clamor coming from consumer advocate groups and fierce defending in the financial industry sector. The former calls cash advances a predatory lending practice that drains money from the poor and transfers it to the rich and powerful. The latter calls it the ultimate convenience in consumer lending.
A payday loan is a high-risk lending practice that is surprisingly easy to get. Say a person is short of cash and needs...Read more:Payday Loans, Cash Advances and Controversy
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