4 alternatives to payday lending s payday advances often create more dilemmas than they re re re re solve.

4 alternatives to payday lending s payday advances often create more dilemmas than they re re re re solve.

Webmaster Note: Michael Rowett functions as the Chairman of Arkansans Against Abusive Payday Lending (AAAPL) on the behalf of Southern Good Faith Fund, a joint venture partner of Southern Bancorp.

Features payday advances often create more issues than they re solve. Banking institutions, credit unions provide choices for tapping cash that is quick. Credit counselors can rearrange funds to release cash.

The recession drags on, and numerous customers dealing with monetary emergencies are searching for fast money. For decades, payday lending — by which borrowers have tiny loans to tide them over through to the next payday — has become a popular choice.Continue reading