Payday Lender (Missed It?)
A company that provides loans at a high-interest rate, with a promise of repayment upon your next payday.
i.e. - Payday Loans in Nebraska, Payday Express
"Must Have" notes:
Most of the time you have to pay back lots more money than what you borrowed.
Famous Quotes
The decision to go into debt alters the course condition of life. You no longer own it. You are owned. Dave Ramsey
How far are you in your understanding? I can:
1.0: Write a factual statement (not definition) concerning Payday Lending
2.0: In your own words (not the teacher's), define Payday Lender.
3.0: According to the video shown in class, when you think you need to get a payday loan, what are 2 (or more) things you should do?
4.0: Read some reviews that people have left of some local PayDay lenders. Take note of one 5-star review and one 1-star review. With detail, describe what is similar between these people and what is different about them. (Please include which store and website you used for reviews)
GAME: https://shadysam.com/
Video - Payday Loan Explained