21 mars 2013 ~ 0 Commentaire




Has the recession got you down? Many people have experienced shorter hours or lay offs. There has been a tightening of the belt all over the country but even some of the best budgets can be broken by an emergency. How can you get cash fast after you have pushed your credit cards to the max?

One answer is to pawn some of your stuff. You’ll never get what its worth. Another is to donate blood. If you don’t want to go to those extremes, think about a payday loan.

A payday loan will lend you cash for a couple of weeks dependent just on your signature and your job. It doesn’t matter what your credit looks like. They know most people looking for a payday loan have bad credit already.

Beware, a payday loan comes with high interest rates. It isn’t as bad as it sounds. If you borrow $500, your fees might be $30 or so. If you are in an emergency like taking one of your kids to the hospital, $30 is nothing. But if you calculate what $30 interest on a $500 loan for only 2 weeks works out to be you will be astounded. Be prepared to see 800% or more.

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