So you've made the mistake of taking out a local payday loan and your caught in a vicious cycle of taking out loans between every pay period just to get by. Fortunately, a consumer protection attorney can help stop the cycle you're currently stuck in. This article will briefly address how these loans work and the repercussions you may face as a result of taking out a payday loan.
Payday loans are short term loans with incredibly high interest rates. The circumstances in which payday loans may make sense are extremely rare. Typically, payday loans are for periods of one month. Simply stated, if you cannot afford to pay expenses and you take out a payday loan to cover bills, you will find yourself in an even worse
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