Installment Loans | A Walk in the Park With Us!

Score a home run for your finances

So, what do you know about payday loans or installment loans? Chances are you’ve heard about them in some way, shape or form, as television, radio and online advertising sings their praises. Not only has advertising been a big part of the public’s awareness of the short term consumer loan products, however; the news media has taken it upon itself to be a mouthpiece for supposed “consumer” activist groups like the Center For Responsible Lending, who decry payday loans and installment loans while looking ! to profit off the backs of the same customers with their own comparable loan products (offered through affiliated financial institutions like Self-Help Credit Union).

Beneficial as a whole

If you buy into the anti-payday loan hype, you believe that there are scores of “average consumers” being trapped in vicious cycles of debt because of being unable to pay back their loans on time. Ultimately, this makes their previous financial situation so much worse, and the media seizes upon such opportunities to tell supposed horror stories. Yet those who actually do default are in the minority. The truth is that the industry as a whole presents consumers with viable choice. Handled responsibly, payday loans and installment loans can be useful tools. They are much more of a gift than a curse and Personal Money Store would like to prove it to you. … click here to read the rest of the article titled “Installment Loans | A Walk in the Park With Us! !“