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So, what’s your alternative?

July 30, 2010 | Texas, best practices, regulation | Comments (0)

Borderzine spends a good third of this article discussing folks finding themselves in need of short-term credit and general credit tightening denying even consumers with good credit scores small-dollar loans that they need between paychecks.

It seems unreasonable then to jump into a criticism of payday advances, the one resource that consumers have for these types of loans.  The article is clearly poorly research, asserting that there are few regulations (in Texas, of all places, where there are quite a few) and repeating the cycle of debt argument without bothering to find out about the no cost extended payment plan.

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