How good is payday loans?

I need some cash fast is it wise to take a payday loan.


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    12 Responses to “How good is payday loans?”

    • versantly:

      because of the high interest rate, the only person the benefit is the lender.

    • LeilaniMai:

      If you’re getting it through your employer that’s one thing..it’s a verifiable source…if it’s at a payday loan place…plan on paying it back…they’ll take the money back with interest included..if you don’t have it in your account when they want it, you’re accounts gonna go negative…fast…fees and all that b.s…

      NOT fun

    • Kathleen:

      No, the interest they charge and what you’ll have to pay back will get you into a vicious cycle. You take the loan, when you pay them back you end up broke, you need another loan. The interest rates are crazy. I would avoid it.

    • aplbtm83:

      It’s only a good idea for you to do this when there is a true emergency, and you should make every effort to pay it back as soon as you possibly can. The interest rates are very high on payday loans. If you decide to get one, I recommend going someplace reputable such as Amscot.

    • Menden:

      There are lot and lots of payday loan companies who give you instant cash loan. The main problem is the interest rate. You will end up paying more interest rate. The advantage being you will get the loan in very short time. Most of the payday loan companies have direct deposit functionality and others have check deposit facility. You can apply online and get the loan in no time!

      I hope http://loan-guides.net/payday-loan.htm will help you in getting a payday loan online.

    • Shannon P:

      Payday loans CAN be a good thing if you use them as PAYDAY loans. Ok here is what I mean, if you take out the loan knowing that on payday you can pay it back without having to RELOAN then they are good. I know there are alot of people ( I have done it in the past that is how I know) that do it for extra money but they won’t have the money to pay it back on payday. What they do is pay the loan and then get another loan so they have money to pay bills. It’s a viscious cycle.

      Like I said if you are actually going to treat it like a payday loan then they are very helpful.

    • Mark J:

      If you can pay them in time and get loan from reputable company then it is fine otherwise leave this option. If you are looking for fast and online payday loans, I will recommend you https://www.payday-advisor.com/?affid=4601 their customer support is awsome. Just fill out their form with your correct contact details and they will get back to you as soon as can. Their are very few who got accepted their lets see if you are the lucky one.

    • bdancer222:

      Interest rates tend to be in the 600% range. If you are short this week, you’ll be even shorter next week after you fork over that interest.

      You would be better off paying late fees on some of your bills than taking on a payday loan.

    • Jane:

      Hello,
      if you seeking a legit Payday loan then this is great ! cash advances are for individuals who are short on cash in the middle of the month, and have no other way of receiving money to cover their expenses. We can receive up to $1200.00 overnight. It doesn’t get any easier than that. Once approved, your Faxless Cash Advance loan with be transferred directly to your checking account promptly, and securely. Now you’ll be able to use the cash for all your necessities, and urgencies.
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      good luck!

    • Ur Credit:

      Payday loans are trouble because they have high interest rates but is an easy way to get a few bucks quick, http://www.speedyloanapprovals.com has a good payday program but remember interest rates are high

    • jake:

      hi
      this can help you find nice paydayloan deals
      http://Best-paydayloancompanieslist.yolasite.com

    • Theodosia Y:

      I have never been to those pay day loan offices..I hear their interest can be pretty high. Some people work with an understanding company, so small loans through work might be possible. However a lot of people are embarressed to ask anyone they know for help, so online companies do help. http://www.americaschoicetoday.com/Payday-Loan.html

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