When you’re looking for payday loans, it means that you need cash to assist you in a financial crisis. However, if you got a payday loan from a shady lender, it could be detrimental. It could make your financial situation worse than it was before, with hidden fees and interest rates that are too high. Do you think you’ve found a scammer, profiteer, or a fake payday loan lender? Use these four tips as a guideline when trying to spot them.
- Their Rates Are Exorbitant
- Their Information Is Lacking
- They’re Not Registered
- They Seem Too Good To Be True