Payday Loans
I was really thinking…. You know those who came up with payday loans had a point! They cared to make people realize that really help is needed. So they came up with issue of small short-term loans that you pay up for about 2 weeks or so according to the agreement. Well somehow this helped a little to support the one that desperately needs the money, but what then happened?
The same small loans are coming back to the consumer with huge debts and hitting them hard such that they end up paying even triple of what they borrowed.
Why is it a problem then? Have you ever tracked down the behavior of someone who abuses drugs? When there is no drug to take, he/she is overly restless! Can do just anything to get the drug. Read more…
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hi poly…sorry this my miracle…i added you in my blog link..lets check it out…
How exactly do you compare a loan to a drug? Am I missing something?
hey, nice wonder! a drug can get you addicted coz you will have to take it as long as your body asks for it. Pay day loans to me seem that way. You want to do something urgent so your mind clicks pay day. Even if it is urgent and not that important, as long as pay day exists, you rush to the shop and ask for one. Ain’t that addiction?