When you’re in a bind, it can be really tempting to take out a payday loan. But, before you sign your name on the dotted line, take a moment to ask yourself if you’ve explored all your options yet. Studies show that nearly 80% of borrowers had other means of covering their shortage of cash. Some of the alternative options include:
Although these are some great options, they may feel too “extreme” or “uncomfortable”. But because pay day loans are hard to get out of, many borrowers will end up turning to one of these options anyway.