New Article ad Infographic Shows How Americans Make the Month with Payday Loans

MONTGOMERY, Alabama, October 16, 2013 /PRNewswire/ --

CashAdvanceOnline.net, the McAfee Secure™ rated consumer finance site and short term loan introduction service, has announced the publication of a new article and infopgraphic. The new article is entitled "How do Americans Make the Month?" and is an exploration of how the average American worker manages to cope in this difficult economic climate. Accompanying the article is a colorful and attractive infographic that highlights the main points from the article and provides a helpful "at-a-glance" summary of the key notes.

Bolstered by figures from a recent study published by the Pew Charitable Trusts, the article gives a detailed overview of payday loan usage across the nation as the main way that Americans make the month. 12 Americans take payday loans every year at a total cost of $7.4 billion. These loans come from 20,000 store front lenders and hundreds of online lenders, such as those hand selected by the lender introduction service on CashAdvanceOnline.net.

A spokesperson for CashAdvanceOnline.net made the announcement of the article's publication in the following statement that was released to the press.

"Figures from the Pew study show that payday loans are providing Americans with an essential stop-gap for them to make the month financially. We are able to help understand the spending behaviors of the average payday loan user, thanks to these figures, which we have used in our new article examining how Americans make the month. We invite consumers to read the article and download the infographic."

On what the motivations of the site are in sharing the article for free, the spokesperson added, "Our hope is that this article and infographic will help consumers see that payday loans are commonplace. There is still a level of stigma attached to cash advance loans, which is ill founded given how many Americans benefit from their use every month from all backgrounds and walks of life."

 "Without payday loans, some would be forced to default on bills or make their families struggle. Therefore, it is always more responsible to look for ways to cover costs when funds are low - payday loans provide a convenient and easy way to borrow money on demand, when it is needed."

Read the full article and infographic at: http://www.cashadvanceonline.net/how-americans-make-the-month/

Contact:
Haim Milo
[email protected]
+1-323-544-5526

SOURCE CashAdvanceOnline.net