Why a Payday Loan May Be a Better Alternative to Credit Cards


You have this little piece of plastic in your warm hands, and it's just waiting to be used. Seems fairly harmless, right?


That's what you thought before you saw the mounting debt and the mounting interest rates and fees that go along with that credit card debt.


The Credit Card Dilemma


Credit cards can be convenient and practical, becoming a true lifesaver at times. However, what happens when that little piece of plastic becomes a huge burden on your back?


Unfortunately, this past year has shown that the credit industry is filled with perils for consumers. Ahead of the legislative changes meant to regulate credit cards, the issuers quickly moved to increase their interest rates and fees - resulting in dramatic increases in our monthly minimum payments and balances.


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