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Payday Loans for Christmas Cash Could Spur Yearlong Debt Cycle – NBC 5 Dallas-Fort Worth

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NBC 5 Dallas-Fort Worth

Payday Loans for Christmas Cash Could Spur Yearlong Debt Cycle
NBC 5 Dallas-Fort Worth
Experts warn that people should not be tempted to take out payday loans to pay for holiday expenses. Tom Tobar said the payday loan he took out for extra holiday spending money fueled a fire that consumed his family's finances. "We only wanted $1,200," ...
Are payday lenders turning to installment loans to maximize profits?Capital Times

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