When you’re low on funds but need cash, payday loans can seem tempting. But these loans have a risky flip side. The lenders charge high interest rates. Also, if you can’t pay off the loan quickly, you need to take out another. This can lead to a nasty cycle, driving you deeper and deeper into the hole.
Fortunately, the San Francisco Office of Finanical Empowerment offers a safer, easier choice: Payday Plus SF.
Thanks to partnerships with local credit unions, Payday Plus SF can help you borrow up to $500 when you need it, without high interest rates or fees. Find more information on how to qualify and connect withe one of our partner credit unions by visiting www.PaydayPlusSF.org