Many state legislators are trying hard to eliminate cash advance stores and payday loan lenders. However, even though they may eliminate the lenders offering these types of loans, they will not be able to eliminate people's need for short-term loans anytime soon.
In today's grueling economy where job loss is at an all time high, more and more consumers are in need of payday loans, cash loans and cash advances to make ends meet. Without short-term loans, many people would not have the money they need to pay for rent or even their groceries when times get tough.
Another problem is that few states have taken measures to pass legislation that would annual interest rates at 36% APR and that has forced many payday loan lending companies to shut their doors. This means that less options are available to consumers who are in dire need of emergency cash.
If you are in need of emergency funds for whatever reason, apply online for your cash loan now!