Are Pay Day Loans Dangerous?

Our Kansas City Bankruptcy Attorneys Caution Customers

Pay day loan businesses are notorious for preying upon hard working individuals who end up in hopeless need of fast money for vehicle repairs, lease or other payments that are time-sensitive. These loans tend to be lower amounts with alarmingly interest that is high and just a brief period to pay for it straight right straight back, often perhaps perhaps not a lot longer than the date of one’s next paycheck. Our Kansas City bankruptcy solicitors caution that the attention costs and charges on pay day loans could make the initial quantity, which might be a couple hundred bucks, into financing amounting to 1000s of dollars quickly. (more…)