This might be a bit off the subject, but what is the difference between a bank and a payday lender on this type of thing? A payday lender might charge you $30.00 to borrow $100 (I have no idea if this is close to what they charge, as I have never used one), but banks in these cases are charging more "interest" and just calling it "fees."
It makes one wonder if they are better off seeing a payday lender than facing these charges?
It makes one wonder if they are better off seeing a payday lender than facing these charges?
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