Students often seek short-term "crisis"
loans without understanding the terms of their agreements or use
money orders to avoid returned check fees from banks. The most popular
options are cash checking outlets, rent-to-own stores, pawnshops,
payday loans, car title stores, and cash leasing. The total cost
of these forms of credit are explained (from 60% to 730% annual
percentage rate) as well as their advantages and disadvantages in
establishing a sound credit history.