Pay Day Cash Advance - Nationwide, USA Review

The biggest risk of payday loans is getting into a cycle of paying off the loan when you get paid and then having to borrow again that same week to get through the week. These payday loan companies prey on the average middle-class paycheck to paycheck consumer.

The interest rates are outrageous and once you get into a borrowing cycle, it is very difficult to get out of it. I have known people who have gotten into a cycle with more than one company, using the money from one to pay off the other in order to use their paycheck to live on. But the fees add up and eventually it will catch up to you.

Please BEWARE! Do NOT use payday loans.