E145 – Payday Loans

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Denis and Katie love watching documentary TV shows and lately they have been watching a TV show that features payday loans to people. You also maybe you are just curious as to what a payday loan is. We would like to share our experiences about it and learn how these loans work.

[6:44] Beware of the loan that you getting
●     Katie was a victim of a student loan scam
●     Be sure to do your research before you apply for any type of loans

[9:46] Takeaways to paying your loans
●     Be wise. It’s more important to have that emergency fund instead of getting that salary loan.
●     If you are a single mom, know where you can cut back to pay your loans
●     Get more side hustles

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Chain of Wealth

The Chain of Wealth podcast is a biweekly podcast boasting over 500,000 downloads. We interview inspirational guests about money topics. You can learn more about us here.

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