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Let me make it clear in regards to The familiar trap of payday loans

Let me make it clear in regards to The familiar trap of payday loans

Wednesday

That I was warning against making a desperate move to fix a financial problem that often makes a bad situation worse if I said, «Don’t rob Peter to pay Paul,» you would probably understand.

Yet many people do just that once they have a cash advance.

They are little loans that a borrower guarantees to settle utilizing the next paycheck or advantage check.

Stop and look at this.

If you fail to spend your costs together with your present paycheck, exactly how is borrowing through the next one likely to assist? Today yes, it may solve a problem.