Dave Ramsey tells us why…
People gripe about 29 percent interest on credit cards, but the rates that these yahoos charge can get up to 650 percent! That ain’t how smart money works, jack. If you need extra cash, get an extra job. But if you use these payday joints, you’ll make your deep money hole even deeper. You’ll be digging your own financial grave, one advance at a time.
Debtective.com: Using Credit? Get A CLUE! – Blog
Up 50%! There should be a law against this!
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