Hi and welcome to my site. OK, I'm going to keep this short and sweet - I'm not going to bore you with the usual "rags-to-riches" story because I'm pretty sure you don't want to hear it.
What I will say though, is this...
Payday loans are short-term loans, marketed as one-time or emergency loans, that typically involve extremely high interest rates. According to the Center for Responsible Lending: “For a two-week payday advance, a borrower will pay at least fifteen dollars for every $100 borrowed. But with such a short duration these loan fees are equal to roughly a 400% annual percentage rate (APR). According to the Consumer Federation of America, a typical interest rate facing a borrower is 650%. To receive a payday loan, a borrower typically needs only personal identification, a checking account and some source of income. Payday lenders use post-dated checks or checking account data as collateral for loans