Payday Loan Cash Advance Problem – Could 100 Day Loans Be a Better Solution

Hopefully, there will be competition among payday loan lenders that leads to these

companies considering extending their lending period to a reasonable time. Charges are high, but cost of missing a payment could be high as well. Almost all high street banks and reputable credit card companies charges up to $25 for a missed payment and the missed payment could be as little as $5. Availability of credit in desperate times is a blessing for many people. Shortness of the repayment period looks to be a major issue. Within 100 days people can solve their cash problems and be thankful that they could turn to such a company when they needed.

Payday Loan Cash Advance Problem Could 100 Day Loans Be a Better Solution

By: JS Lee

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