4 options to payday lending.Banks, credit unions provide choices for tapping fast money. Credit counselors can rearrange funds to take back cash.

4 options to payday lending.Banks, credit unions provide choices for tapping fast money. Credit counselors can rearrange funds to take back cash.

Webmaster Note: Michael Rowett functions as the Chairman of Arkansans Against Abusive Payday Lending (AAAPL) with respect to Southern Good Faith Fund, a joint venture partner of Southern Bancorp.

Features pay day loans often create more issues than they resolve.

The recession drags on, and consumers that are many economic emergencies are searching for fast money. For a long time, payday lending — by which borrowers have little loans to tide them over through to the next payday — is a option that is popular.

Presently, there are about 22,000 storefront pay day loan shops nationwide, based on the customer Federation of America in Washington, D.C. […]

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