Pope declares this loan Sinfull

Is it worth it?

Interest rate that you can legally be required to pay on some forms of short-term loans, often referred to as payday loans, in some states in the United States. Lenders that offer their services via the internet to U.S. citizens but are based outside of the country can demand even higher interest rates in addition to extremely high fees. Recently, the pope came out against payday loans and other high-interest loans, calling the practice of charging high interest rates.

Even though these types of loans are legal in most states, one must ask themselves, is it worth getting knowing that I will be paying back an enormous amount in interest as well as for years?


*GOD Speed*


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