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Some banks pulling out of payday loan offers

Payday Loans: Banks Start to Change Their Minds

Since fast cash payday loans are used by many credit challenged borrowers, the concept was adopted by some banks and credit unions. These financial institutions set up their own short-term payday loan versions to help customers themselves. It made sense for many customers to use their own bank since there was already a trusted relationship. With all the negative reports towards direct payday lenders, it made sense to keep their money solutions all in one. Unfortunately, these loans ended up being problematic for many borrowers anyway. For starters, because bankers … Continue reading

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Payday Loans Work When Done Right

The fast cash payday loans are one of the easiest ways to get money in the bank when other options are no longer available. When bad credit scores limit typical solutions, the no credit check loans work great in a pinch. Payday loans offer a very convenient money solution…when used smartly. If you are one of those borrowers who only look for the immediate money solution and never consider the end result, you may end up dealing with overwhelming budget problems. Borrowing money should be a well-thought out process in order to … Continue reading

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