The True Cost of Payday Loans (And Safer Alternatives)
Автор: Ascentra Credit Union
Загружено: 2025-12-17
Просмотров: 2
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Payday and cash-advance loans may seem like a quick solution when money is tight, but many come with extremely high fees—sometimes 300–800% APR. These costs can cause borrowers to pay double or more than the original loan amount.
In this video, we explain why payday loans are risky and what alternatives may be available through a trusted financial institution like Ascentra Credit Union.
Our free Financial Coaches can help you explore safer ways to cover unexpected expenses while working toward long-term financial health.
👉 Get free financial coaching: https://www.ascentra.org/coach
👉 Learn more with Making Cents: https://www.ascentra.org/making-cents
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