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4 alternatives to lending that is payday

4 alternatives to lending that is payday

Webmaster Note: Michael Rowett functions as the Chairman of Arkansans Against Abusive Payday Lending (AAAPL) on the behalf of Southern Good Faith Fund, an affiliate of Southern Bancorp.

Shows pay day loans often create more dilemmas than they re re solve. Banking institutions, credit unions provide choices for tapping quick cash. Credit counselors can rearrange funds to release cash.

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