You can’t watch television anymore without seeing multiple commercials for payday loan companies. They are as bright and jingly as fast food commercials. To hear the commercial personality speak, a payday loan is just another tool in your financial toolkit.

Here on Alberta Avenue alone, there are more than a dozen of these companies, some strictly dealing with short-term credit, while others have a pawn shop as an added service. If coming into a store is not appealing or easy, a loan can be as far away as the click of a mouse. Continue reading Finding the way out of the debt cycle New payday loan regulations aim to protect customers →