Tiny Loans, Big Costs: Pitfalls of Pay Day Loans

Tiny Loans, Big Costs: Pitfalls of Pay Day Loans Barbara O’Neill, Ph.D., CFPВ® Extension Professional in Financial Site Management Rutgers Cooperative Extension Like to take a little step toward enhancing your finances? Avoid payday loans! Pay day loans are single-payment, short-term loans which can be built in return for delayed deposit (typically within a fortnight) of a borrower’s postdated personal …