subject: Payday Loans Compared To Other Forms of Credit [print this page] 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.
