Stale Green Light

I’ve been getting some questions recently about payday loans again. People are hurting right now and struggling to pay the bills. There’s millions (literally) of payday loan websites out there, and you can get a quick payday advance on any corner of any major intersection it seems. So what’s the deal with these easy payday loans? Are they a scam? Are they legitimate?

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During the last week or two, the financial industry has been seen in the news quite a bit. Most of what’s being talked about is investing and mortgages. However, it seems that as finances take center stage in the politics of this country, it will only be a matter of time before payday loans become the target of scrutiny and lobbyists once again. Read the rest of this entry »