I’ve noticed the media in the United Kingdom is starting to pick up the same tone as their brothers in the US regarding payday loans. That’s a shame.
Look at this headline out of The Telegraph.
The author said that taking out a payday loan top…
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4 users commented in " Why Be Ashamed to Use Payday Loans? "
Follow-up comment rss or Leave a TrackbackIts not the fault of payday loans or lenders. It not even the fault of the user. You want to stop payday loans becuase YOU think they are bad – then take away the reason so many people have to turn to them just to pay everyday bills. Fix the economy and payday loans will go away. Until then, they are just filling a need – let your media work on that.
I agree completely.
Payday loans are not bad..Neither are the payday loan companies offering these types of loans. The problem is people are not using them for the purpose in which they are designed for which is short term use maybe one or two months at the maximum. The problem arises when people turn to payday loans month by month.
Why is that a “problem”? If they need a loan, they need a loan.
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