Don’t Take Advantage of Credit Card Cash Advances
Consumers are paying much more in cash advances than what they take out. Here’s a breakdown of the costs.
Taking out payday loans can seem like an easy way to get the cash you need fast without a credit check, but they also have plenty of risks that come along with that convenience. From interest rates up averaging 650% to automatic account withdrawals you didn’t authorize, Debt.com explains what you need to know about payday loans before you decide to use them, and what to do if you’re dealing with high-interest payday loan debt.