How old do you have to be to get a pay day loan or whatever its called?
Im 17 and I would like to get 200 dollers from a loan place (those ones you see in the strip malls). Am I old enough? I have a job and will get more than 200 in two weeks but I cant wait that long. Please help 
Thanks
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You have to be 18 to get any type of loan. That’s because from a legal perspective, a contract (such as a loan) with someone under 18 can’t be enforced.
Don’t get involved with payday loan places. They are a huge rip off. The fees work out to 800% interest or more. Find a way to get through the two weeks until payday.
No, you need to be 18 to sign a legal contract. You should wait the 2 weeks. Good luck.
I doubt they would deal with anyone under 18, because being a minor means that you can’t sign contracts–your parents have to sign for you. If you have your parents sign, they need to read carefully to make sure that they aren’t going to be messed up by this (if they let you do this at all–you’ll pay a lot to borrow that cash for two weeks, these places are a scam for desperate people).
If you are not prepared for a financial emergency, you are not alone. Most double and single income households do not have the resources saved to protect themselves in an emergency!
http://www.worldbestloans.com/Payday%20Loan.htm
Behind on a monthly utility? No big deal for some, but for those who are just a short time from payday, the costs of paying for utility re-connects far outweigh the cost of most payday loans. So, why not just kite a check? Now you are facing the possibility of the check bouncing and having to pay the bounce fees (usually very high).
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