Month: July 2012

Payday loans could spur a costly cycle of debt

CHICAGO (MarketWatch) – Payday loans are designed as a stopgap for those struggling with budgets. But in many cases, these short-term loans, mired in high interest charges, perpetuate a costly cycle of mounting debt. A payday loan is like a cash advance on your salary. Marketed as a temporary solution to a short-term setback such […]

Back To Top