Post ID 65527

Why Do People Borrow If They Can’t Manage To Repay?

The decision to make use of loans that are payday mainly driven by impractical expectations and also by desperation. Borrowers perceive the loans become a fair short-term option but express surprise and frustration at the length of time it requires to cover them straight back. 78% of borrowers count on information given by lenders by themselves, who will be attempting to sell these loans as a “safe, two-week item.”

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