It is difficult for many of us to imagine having to choose between paying the rent on time or purchasing our sick child’s prescription medicine. But for many Americans who live paycheck to paycheck, circumstances like these are an all-too-familiar reality. For these individuals who are credit-constrained, payday loans provide a financial solution when emergencies or other unforeseen events arise.
Read the full opinion piece here: http://www.washingtontimes.com/news/2015/sep/28/alcee-hastings-why-payday-loans-are-in-consumers-b/
