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Stuck in the
Payday Loan Cycle?
Let us try to help!
If
Payday Loans weren’t so expensive and if
consumers didn’t continue to roll them once
or twice a month just to keep the family
budget moving, they would not be so bad.
In fact, back in
the early days of credit unions, these types
of small loans were pretty much the basis of
our existence. However these loans were
granted at considerably lower cost. It has
just been in the past decade that payday
lending has become so common with even high
income earning people. It is not true that
you have to be a person of small means to
use Payday Loans.
If you borrow
$500 for two weeks from a payday lender it
costs $75 on average. That works out to an
annual percentage rate of 385%! Any
reasonable person knows that this is not a
smart way to deal with their money. And we
understand that if you get caught in the
payday loan cycle it can be very difficult
to escape.
We’re going back
to our roots when it comes to making a
difference for our members that find
themselves in this situation. We have
developed a LOW COST plan to help you out of
these loans and create a means to help you
solve your short term cash emergencies. Our
method is tried and proven to be successful.
But to start, you have to call us for help.
Don’t wait
another day. You won’t believe how much
better you feel when the pressure of payday
loans stop bugging you.
Call one of our Account Managers
for a free and confidential discussion of a
plan that fits you.
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