2006-09-14 05:23:13 · 7 answers · asked by shaydzofluv 2 in Cars & Transportation ➔ Buying & Selling
DON'T DO IT!!!!! If you do, you are only going to dig yourself into a deeper hole, and it will only take you that much longer to dig yourself out. Ask yourself, what is the money for? Can you live without that item for a couple of months? Please don't do this to yourself. I know it's hard, and a loan seems so easy, but think about the consequences. It's not a good idea. That's not a lot of money that you are trying to get. Maybe try getting a second job for a month or so? You could definitely make $1000 in a month.
2006-09-14 05:36:00 · answer #1 · answered by Poison Ivy 3 · 0⤊ 0⤋
A cash advance store is regulated by law. Loan sharks are not. Cash advance places can't break your legs, steal your car, etc. They CAN take you to Small Claims Court if you don't honor your check. That said, I'll give you the secret on how to get out of such loans.
Every time you renew your loan, pay the interest AND part of the principal. For instance if you borrowed $500, you want to pay the interest plus at least $25. That means the new loan is $475. Next time go down more.
It's extremely hard for a person to pay back $500 in one lump sum, but you can phase it out with this trick. Does it work? Yup. I manage a payday loan place and this is the advice I give all my customers. Some pay off and never come back. Others pay off and come back the next time they need emergency money. None of them hate me because I tell them the tricks.
2006-09-14 12:38:59 · answer #2 · answered by loryntoo 7 · 0⤊ 0⤋
A loan shark usually can spot you that kind of money.Granted, he will probably charge you 150% interest, which is only slightly better than the cash advance places. And also, if you dont pay, they will break your legs. You should probably ask yourself do you need the money that badly???
2006-09-14 12:27:16 · answer #3 · answered by Brad 4 · 0⤊ 0⤋
If you have something of value that you can put up for collateral, you could try a pawn shop, or friends or your employer. Otherwise it will be really hard to get a personal loan with a history of not paying your bills as agreed!
2006-09-14 12:28:17 · answer #4 · answered by fire4511 7 · 0⤊ 0⤋
Cash advance on credit cards.
Or from family or friends.
2006-09-14 12:27:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Put a lean on your car a the bank
2006-09-14 12:29:40 · answer #6 · answered by buffywalnuts 4 · 0⤊ 0⤋
your mother.
2006-09-14 12:30:45 · answer #7 · answered by wonderwoman 3 · 0⤊ 0⤋