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Here’s Why Payday Loans Are Always A Bad Idea

Here’s Why Payday Loans Are Always a Bad Idea

Payday loans are a popular way to get cash fast, but they are notorious for their high interest rates and tendency to plunge consumers into a never-ending cycle of debt. They are a solution of last resort and personal finance experts warn against them strongly. However, are there instances when they make sense? Read on to learn the answer.

Image via Unsplash/Markus Spiske

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