What Would Happen if Payday Loans Are Outlawed [Infographic]
As there have been some restrictions on payday lending in certain states, there is a possibility that they would be outlawed. But if they are banned, it could affect the customers who expect to meet their financial emergency needs with the help of these loans. They will have no viable alternatives available in case of a financial emergency.
Let’s take a look at this infographic that shows the situations we could face if payday loans are outlawed. We should prepare ourselves for such situations!
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