Payday Loans

Do you need cash quickly? Well whatever you do, don’t get a payday loan!

These loans are dangerous! Lenders charge incredibly high interest rates, and usually only give you 2 weeks to pay them back. The interest adds up quickly, creating a mountain of debt in a very short amount of time.

If you’re in need, trust God to provide.

Philippians 4 says, “God will meet all your needs according to the riches of his glory in Christ Jesus.” If you have an immediate need, get creative … look for ways to earn additional income and slim down areas of your budget. The best way to avoid this trap is to plan ahead by setting aside money in an emergency fund.

This is the first destination on the Money Map, your guide to financial freedom. Download it for free at crown.org/money