ArticleRich.com: Finance | Loans: Credit Counseling Can Help End Payday Loan Cycle Posted By : Darin McGilvra

ArticleRich.com: Finance | Loans Loans articles from ArticleRich.com

Credit Counseling Can Help End Payday Loan Cycle Posted By : Darin McGilvra Apr 1st 2013, 04:00 According to the Pew Charitable Trusts, the average payday loan borrower takes out eight payday loans in a year and spends $525 in interest on just $375 of principal as of 2012. This shows that too many people are stuck in a cycle of using payday loans to pay off ordinary living expenses.

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