Feb 27, 2020 · Payday loan tornadoes: getting caught in a debt spiral. In the face of a payday loan deadline, some borrowers may decide to take out another payday loan to keep up with fees and debt. But this only makes the situation worse. Debt swirls around the borrower. If this is you, you’re trapped in what’s known as a debt spiral or payday loan tornado.
Apr 27, 2020 · Getting a loan from a bank can be a challenge if you have bad credit, but there are many loan providers who specialize in installment loans for people who don’t have the best credit history. Most lenders who provide installment loans focus on your ability to …
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