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The Evolution and Economics Behind Payday Loans | By Tom Johnson

Americans are increasingly being financially pinched in our modern profit driven economy. Don’t get me wrong, I believe the profit motive is a natural solution to many problems and that American capitalism has been a great engine that has lead our country to worldwide economic dominance over the past 100 years. Nothing is perfect, but the American model has been, in my opinion, as good as it gets. As we move away from an industrial base and…

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The Payday Loan Option | By Tom Johnson

In today’s financial climate it is nice to have options to get cash when you need it. Many people have friends or relatives who they can turn to when they get behind on bills, but others may not be so fortunate. The latter groups of people are those who find that payday loans are a viable option, an option that gives them the ability to access cash quickly and at a reasonable rate as compared to the alternatives of destroyed credit and…

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