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Payday loans and Pawnshops comparing two popular ways of getting cash quickly
By Jason Laveglia
Payday loans and Pawnshops: comparing two popular ways of getting cash quickly
I remember years ago growing up when you needed some money fast and didn't have any other alternatives such as credit cards, friends or a friendly bank you pawned something you had that was valuable. This was an easy way to get some money and technically you didn't give away what you owned but you did have to pay a fee to get it back.
Every day I read headlines concerning payday loans that read- • city imposes moratorium on payday loan business, • payday loan limits being considered and imposed, • lawmakers seeking to impose payday loan interest cap rates. • Payda...
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