Payday loans might provide you with due financial assistance in times of dire needs, but it should be remembered that as a borrower you need to behave responsibly while dealing with them. Knowing about both their merits and demerits would help you duly in this regard. It is a well-known fact that short term financing indeed turns out to be very helpful in times of financial urgencies. It can be availed even when borrowers do not have good credit scores.  Moreover, once you apply for short term financing, the money is credited to your account within 24 hours of approval. However, most of the borrowers fail to realize one of the most notable flaws of this type of financing. Continue reading →