https://padlet.com/taylor_crawford1/662cp9wmitxutyye en-us 2020-04-19 02:42:02 UTC 2020-04-27 17:22:25 UTC hello@padlet.com taylor_crawford1 https://padlet.com/taylor_crawford1/662cp9wmitxutyye/wish/514869249 Payday- if you don’t pay off the loan in its entirety, you’ll be hit with additional fees and finance charges. 
Bank- you have about 1-5 years to be it off. Rather than apply for a number of personal loans, which would lower your credit score, apply for loans from one or two issuers that you know and trust. ]]> 2020-04-19 02:43:09 UTC https://padlet.com/taylor_crawford1/662cp9wmitxutyye/wish/514869249 taylor_crawford1 https://padlet.com/taylor_crawford1/662cp9wmitxutyye/wish/514871522 Payday- is a "very short-term, high-cost loan that gives cash-strapped consumers the money they need until their next paycheck" and they ask for your job status and sources of income when you apply for a payday loan. 
Bank-  has a "fixed interest rate and fixed repayment period". Also, they look at your credit and each loan inquiry lowers your credit score a little. ]]> 2020-04-19 02:49:40 UTC https://padlet.com/taylor_crawford1/662cp9wmitxutyye/wish/514871522 taylor_crawford1 https://padlet.com/taylor_crawford1/662cp9wmitxutyye/wish/534042444  Being fed-up with fees- like unexpected or unexplained fees. 

To avoid debt collectors- Some avoid the banking system to escape debt collectors, who can levy bank account funds.

Becoming blacklisted by major banks- scared of making financial mistakes.

Being a young consumer or being out of job may keep people unbanked.

 Having a bad customer service experience. ]]> 2020-04-27 16:24:53 UTC https://padlet.com/taylor_crawford1/662cp9wmitxutyye/wish/534042444