Payday loans have become a way for some people to secure cash when they need it fast, but it can come with a heavy cost and quickly recreate a “quicksand” effect where borrowers take out additional loans to cover overdue current loans.
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Payday loans have become a way for some people to secure cash when they need it fast, but it can come with a heavy cost and quickly recreate a “quicksand” effect where borrowers take out additional loans to cover overdue current loans.