Simply because pay day loans charge staggering interest rates—you can get an APR into the neighbor hood of 400% or higher—and they typically need full re re re payment in just a month or more.
Generally in most situations, you should have additional options which are less costly while having more favorable payment terms.
Just how to Arrange For Emergencies
Dealing with financial obligation every time a crisis expense arises is not perfect, but often it is necessary.