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Fast cash: the drawbacks of payday advances

Fast cash: the drawbacks of payday advances

If you want money to pay for your bills, you may think about getting a quick payday loan. But you should know there are serious downsides to payday loans and there are other options you should consider before you sign on the dotted line.

Payday advances might appear to be a fast, effortless option to get money when money’s tight. There’s not lots of documents, no credit check, and you also don’t have actually to offer the financial institution something of value, such as the name to your car or truck, to qualify.