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In an awkward twist, some of the ill-gotten gains reaped by online lenders have benefited schools, churches and other area philanthropic causes. But payday loan operations are toxic enterprises, and its to Kansas Citys detriment that they received the financial and technical support to thrive here.
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You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.
Late Payments Hurt Your Credit Score. Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay. If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments.
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