2. Taking Out a Payday Loan
Most people have to drive by at least one check-cashing place on their way to work or school. They’re usually in a strip mall, most likely next to a liquor store, and always have flashy signs that promise to “cash your paycheck today” or “hook you up with a payday advance.” Some will even loan you your tax refund money the day you submit your return. Sounds nice, doesn’t it? So, what’s the problem?