Twelve million Americans rely on payday loans each year to manage income volatility or handle unexpected emergencies. Unfortunately, many people fall victim to predatory lenders. This infographic lists the most common pitfalls of payday loans and shows the steps consumers can take to avoid them.

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Navigating the Pitfalls of Payday Loans

Irma Wallace

Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.

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