Why do people choose a payday loan to borrow money for a short period of time?
Surveys show that while most people typically do a good job of managing their household budgets, most of us need occasional help. An increasing number of consumers choose a payday loan to cover unexpected expenses or to bridge a short-term cash shortage between paydays. A payday loan is a short-term loan that provides a sensible alternative to bounced checks, late payment charges or a tarnished credit rating.
