Taking out a payday loan is often necessary to help meet an immediate need -- like paying for an unexpected expense. Unfortunately, because interest rates for payday loans are so high, many borrowers find it necessary to take out an additional payday loan just to pay recurring loan payments on the initial loan. The cycle of payday loans is vicious, and can be nearly impossible to overcome. We ran a radio advertisement in the Chicago, IL area and received an overwhelming response from people that needed help with their payday loans. Unfortunately, they were not in a position to pay for our service.
91 visits