There's no doubt that a payday loan can provide a valuable injection of cash at the end of the month when things are getting tight, but there's also no denying the fact that such loans aren't really a good choice for long term borrowing. After all, they are designed to be used as a temporary sticking plaster to get you through a financial crisis, and not as a regular part of your budgeting strategy.
The problem is that in some cases, it can be all to easy ...
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