PaydayAct

Payday Insider:  If someone walked up to you and offered you a loan with a 36% interest rate, you'd know to walk away and look for a better deal somewhere else. Even credit cards usually offer better rates than that. But thanks to payday lenders' hard-to-resist sales tactics, many people fall into the trap of payday loans that come saddled with steep fees that over time can result in triple-digit interest rates. And payday lenders make a point of targeting people in the military. Why? Because they know military personnel have steady paychecks, are unlikely to get laid off or quit their jobs and -- given ...