Why Payday Loans Aren't Much Different From Credit Cards

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"The Unbanking of America" author Lisa Servon refutes negative stigmas against payday loans and explains how they aren't much different from the credit cards we use everyday.
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Credit cards are a lot better. You basically borrow money for 30 days for free as long as you pay it plus all the perks. Just got a new card gives me $650 just for signing up and spending a certain amount on it.

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