The places where they give you a cash advance on your paycheck etc. I just started a new job to pay for my summer classes but won't have a paycheck til after the classes starts. I do own my car that has a kelley blue book value of $2000 or so.
2006-07-04 18:37:10 · 7 answers · asked by JassyJoules 1 in Business & Finance ➔ Other - Business & Finance
You have to have a bank account. You write them a check, they'll hold it for usually 2 weeks before cashing. So before that 2 weeks is up, you have to have the cash in the bank so they can cash the check. And I don't know about the ones where you live, but the ones around here, you borrow 200, you pay 206 back.
2006-07-04 18:41:59 · answer #1 · answered by ★Fetal☆ ★And ☆ ★Weeping☆ 7 · 0⤊ 0⤋
Don't bother with it; I don't know exactly how it works, but I know this:
Let's say you borrow $200
You'd end up paying back around $600 if you pay them by their payment schedule.
(The math is not exactly right, but the idea is correct; the interest is crazy high - that's why there are so many of them everywhere)
Stay Away!!!!!!!!!!!!
2006-07-04 18:41:48 · answer #2 · answered by LittleFreedom 5 · 0⤊ 0⤋
some of them require a check stub from your job a current bank statement. i.d. and you get a set amount of time to make the payments plus interest charges.
2006-07-04 18:41:56 · answer #3 · answered by stinkpot 2 · 0⤊ 0⤋
check-and-go places are like legal loan-shark places.
so you have to be careful when you use these places
2006-07-04 18:46:02 · answer #4 · answered by michael9630 1 · 0⤊ 0⤋
STAY AWAY FROM THEM!!!!
UNLESS YOU WANT TO PAY UPWARDS OF 40% INTEREST ON WHAT YOU BORROW...
2006-07-04 18:43:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
they basically rape and torture you and leave you on the side of the road in a ditch to die
2006-07-04 21:39:36 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Do not know
2006-07-04 18:43:46 · answer #7 · answered by Perawan 4 · 0⤊ 0⤋