Who Needs Fast Cash?
The fast cash industry has grown in recent years as prices rise and incomes stay the same. So who are the people who need fast cash loans? Are they poor, uneducated people who don’t know how to manage their money? Everyone needs financial help at some point in his or her life: the customer who applies to borrow fast cash is often an average, working person who has been dealt an unexpected expense or emergency. This can happen to everyone, and fast cash lenders are there to help people who cannot get bank loans, credit cards, or other traditional sources of money. Almost all of the people who apply for fast cash loans have a high school diploma or higher. 56 percent have some college credits or a college degree. They are not uneducated and are quite capable of evaluating the loan information and making financial decisions. The majority of borrowers have annual household incomes from $25,000 to $65,000. According to the CFSA, which promotes regulation and legislation to give consumers ri
