"Payday Loans are Scam, they trap the borrower in the debt cycle." A rumor spread by those who are not financially responsible. Those who do not understand the loan terms before signing the agreement. If it is true then why do 12 million Americans still rely on payday loans online The repercussions of not paying back on decided date are clearly mentioned in the loan agreement which borrowers agree. Then how is it wise to blame the service itself ? Moreover, CFPB is there to protect the consumers from usury charges and fraudulent. Then, why do borrowers do not fulfill their responsibility and blame the lenders directly. It is topic of debate !!!!
Submitted May 23, 2019 at 10:05AM by FurnishLoans http://bit.ly/2HOslFz