the payday loan industry has been scrutinized loan

Recently, the payday loan industry has been scrutinized for unsavory practices, which may lead some people wonder why anyone uses these services at all. With so much negative press condemning the industry, it makes it hard for those who have never used such services to understand how lenders are keeping their businesses alive. Is the payday loan industry surviving the media onslaught or are their services becoming obsolete? Many may be surprised to find that 6 % of the Americans from multiple demographics across the nation have utilized payday advance services in the past five years, according to a recent PEW study. Although it may be shocking to those whose only exposure to the industry is through negative media portrayals, the payday loan industry is apparently thriving despite the scrutiny. What many fail to understand is that the industry acts as a safety net for individuals across America. Many people face unexpected life situations that drive them to the payday loan lender. From sick kids to broken down cars, unpaid electric bills to a need for groceries, these convenient and quick loans are used for a variety of legitimate reasons. As such, the industry provides a service for individuals who may otherwise be forced to go without. This is particularly true for people who have little or less-than-perfect credit. Lenders do not conduct credit checks; the only stipulations for borrowers is that they must be employed and have a bank account with direct deposit. If they meet these criteria, borrowers can acquire a small loan that may be the very thing that helps them survive between paychecks. More : 247speedcash.com/form/56 247speedcash.com/form/8 247speedcash.com/form/914 247speedcash.com/form/1669 247speedcash.com/form/885 247speedcash.com/form/1335 247speedcash.com/form/1714 247speedcash.com/form/213 247speedcash.com/form/124 247speedcash.com/form/1011 247speedcash.com/form/1357 247speedcash.com/form/101 247speedcash.com/form/1177 247speedcash.com/form/1023 247speedcash.com/form/1524 247speedcash.com/form/100 247speedcash.com/form/531 247speedcash.com/form/1505 247speedcash.com/form/315 247speedcash.com/form/1610 247speedcash.com/form/937 247speedcash.com/form/866 247speedcash.com/form/1151 247speedcash.com/form/1897 247speedcash.com/form/1929 247speedcash.com/form/129 247speedcash.com/form/512 247speedcash.com/form/114 247speedcash.com/form/1049 247speedcash.com/form/298 247speedcash.com/form/74 247speedcash.com/form/949 247speedcash.com/form/1001 247speedcash.com/form/902 247speedcash.com/form/1246 247speedcash.com/form/92 247speedcash.com/form/2019 247speedcash.com/form/1850 247speedcash.com/form/1212 247speedcash.com/form/1494 247speedcash.com/form/363 247speedcash.com/form/1617 247speedcash.com/form/342 247speedcash.com/form/574 247speedcash.com/form/658 247speedcash.com/form/903 247speedcash.com/form/200 247speedcash.com/form/1931 247speedcash.com/form/1220 247speedcash.com/form/1561 247speedcash.com/form/518 247speedcash.com/form/1279 247speedcash.com/form/1024 247speedcash.com/form/1394 247speedcash.com/form/1042 247speedcash.com/form/154 247speedcash.com/form/1206 247speedcash.com/form/1055 247speedcash.com/form/748 247speedcash.com/form/1521 247speedcash.com/form/840 247speedcash.com/form/1470 247speedcash.com/form/1752 247speedcash.com/form/951 247speedcash.com/form/1876 247speedcash.com/form/1819 247speedcash.com/form/635 247speedcash.com/form/1834 247speedcash.com/form/1007 247speedcash.com/form/1700 247speedcash.com/form/1562 247speedcash.com/form/935 247speedcash.com/form/2005 247speedcash.com/form/1558 247speedcash.com/form/277 247speedcash.com/form/1261 247speedcash.com/form/654 247speedcash.com/form/2023 247speedcash.com/form/939 247speedcash.com/form/1313 247speedcash.com/form/846 247speedcash.com/form/1121 247speedcash.com/form/900 247speedcash.com/form/45 247speedcash.com/form/257 247speedcash.com/form/1327 247speedcash.com/form/543 247speedcash.com/form/1421 247speedcash.com/form/263 247speedcash.com/form/1583 247speedcash.com/form/382 247speedcash.com/form/1984 247speedcash.com/form/762 247speedcash.com/form/1820 247speedcash.com/form/1755 247speedcash.com/form/1590 247speedcash.com/form/105 247speedcash.com/form/975 247speedcash.com/form/1160 247speedcash.com/form/1701