Category: General Issues

Debunking Six Common Misconceptions About Payday Loans

Payday lending is one of the most talked-about activities. However, the subject of discussion is often not facts, but myths. So far, unscrupulous players remain on the US market, violating the law both in the procedure for issuing a loan and in collecting debts. Due to such violations, a negative image of payday organizations is formed. But most of them are myths that arise under the influence of misunderstanding or ignorance. Let’s consider 6 common myths about payday loans (also…