Payday Loans Compared To Other Forms of Credit

Many loans and credit cards keep you in debt for years

, giving the bank plenty of time to collect thousands of dollars in interest from you. The longer you must pay on a loan or credit card, the longer it puts stress on your finances. Payday loans, however, are designed to be paid off quickly, usually in 2 to 4 payments, causing a much shorter-lived strain on your finances, and making for an overall better financial future for you.

Payday Loans Compared To Other Forms of Credit

By: Robert Murphy

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