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payday loans

What is a payday loan?

What is a payday loan?payday ready are generally short-term unsecured loans characterized by high interest rates that generally do not require a credit check.Although there is no exact and universal definition of the term, the US Consumer…

What is a banking desert?

What is a banking desert? A banking desert is a census tract or neighborhood that has no bank branches within or within 10 miles of its center. Economists at the Federal Reserve Bank of New York have identified 1,214 banking…

Are Payday Loans Dangerous?

Payday lenders often use persuasive advertisements to make you believe they have the divine answer to your financial worries. But the the reality is that you need to be aware of the potential dangers associated with payday loans. This…