Is it worth it?
what place has a low interest?
2006-12-13 10:10:48 · 10 answers · asked by Curious 2 in Business & Finance ➔ Personal Finance
Try the web site on the link below. DO NOT DO A PAYDAY LOAN! It leads to a never ending cycle of debt.
2006-12-13 12:40:31 · answer #1 · answered by RichDaddy 2 · 0⤊ 0⤋
Just a word of warning....be REALLY careful with those "quick buck" money lenders...their interest rates are out of this world and you're going to have to pay back an amount to the point where it's not even worth your while to have gone there in the first place.
Depending on where you live, this industry is often without regulations, and can really take advantage of you!
If you have good credit with your bank, can getting a credit card from them work for you? You can often ask them for the best interest rate for your circumstances, and in a pinch, you can often withdraw cash from it, too (careful, interest rates are a bit higher for cash withdrawls than regular purchase interest rates).
2006-12-13 10:16:39 · answer #2 · answered by JustMe 2 · 0⤊ 0⤋
They lend money to anyone without asking to many questions, but the interest rates are SUPER HUGE!
NO, it is NOT worth it.
They take advantage of poor people that can not borrow money from a Bank(because they are poor OR/AND because they want ot borrow very small amounts).
2006-12-13 10:25:56 · answer #3 · answered by f_vidigal 1 · 0⤊ 0⤋
If you want to be rich, lend and make interest.
If you want to be poor, borrow and pay interest.
Don't be fooled. The reason you are borrowing is because you are spending more than you make.
The reason people borrow money to buy things is because they want to live a lifestyle greater than they can afford.
If you want to be rich, pay cash for everything ( including cars). If you can't pay cash, then you can't buy it.
As for me, I learned this lessen many years too late. Don't be a fool. Learn from others and ignore the easy credit of today's society.
You can be rich, or poor. You can either be a lender or a borrower.
2006-12-13 10:56:49 · answer #4 · answered by happy_to_go 1 · 0⤊ 0⤋
Lender; but I only lend to those that I KNOW will give it back. Something like $5, 10, 20...is not consider lending to me.
2016-05-23 21:18:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You will get the best rate at a bank. You will get the worst rate at a payday loan store.
2006-12-13 10:14:37 · answer #6 · answered by Barkley Hound 7 · 0⤊ 0⤋
I, me , think the best place is dollar tree.
2006-12-13 10:14:24 · answer #7 · answered by drewbdrew13 1 · 0⤊ 1⤋
How much do you need?
2006-12-13 11:23:56 · answer #8 · answered by Anonymous · 0⤊ 1⤋
they will destroy you. hear me? destroy you. that's what they were made to do.
2006-12-13 10:13:17 · answer #9 · answered by tridentoftime 3 · 0⤊ 0⤋