Avoiding payday loans
Payday loans and expensive consumer credit are tempting because they're fast, but they can make your debts grow quickly. There are almost always better alternatives.
You will need
- Your own budget
- An honest look at your situation
Steps
Stop before you apply
Ask yourself what you really need the money for and whether the purchase can wait.
Work out the real price
Negotiate the bill's due date
Ask for a payment plan
Find out about benefits
Build a buffer
Don't take out a new loan to pay off an old one
Get advice
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