Money struggles are an issue for many South Carolina residents. Living paycheck to paycheck simply seems to be the norm these days. What happens, though, when funds run out before the next payday? Quite a few people tend to turn to payday loans, but in the end find that they hurt more than they help.
If you are like most people in the country, you spend an average of about $98 a day. You may not even think about it when you pull the credit card from your wallet to make those purchases. Whether it is a new TV or dinner out, Americans are using their credit cards more freely than ever before.
You may have heard that Americans owe trillions of dollars in student loan debt. You probably know that young people are postponing buying houses, starting families or going on to graduate school because of their loan payments. Some even return to live in their parents' homes because the debt makes it impossible to live on their own.