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They all say that the money you borrow goes directly into the checking account...I dont have a checking account right now and need alittle extra cash...Another problem, I have is that I have bad credit....Help???

2006-12-24 16:17:05 · 4 answers · asked by Anonymous in Business & Finance Credit

4 answers

This is a blessing in disguise for you. Payday loans charge the equivalent of 600% interest or more in many cases. Thank goodness they won't loan to you.

2006-12-24 16:50:37 · answer #1 · answered by KC 4 · 0 0

Do not get into the payday loan trap. If you think you are broke now wait until you start having to pay 100-200 a week in fees. If you really need the cash, sell some personal items or look for part time work. And you say you have bad credit, so for what ever reason you were not able to handle debt. Sorry, not to preach, but you might want to stop looking for shortcuts and get your finances in order. Do you have a budget? Try writing down in a little note book every penny you spend. In one month I am sure you will have spent hundreds of dollars that were not needed. Good luck

2006-12-25 00:28:52 · answer #2 · answered by Gatsby216 7 · 0 0

If you want to create your own personal hell on Earth, the best way to start is to get a payday loan!

What you do with this word of wisdom is up to you, but just remember YOU HAVE BEEN WARNED!

Use at your own risk.

2006-12-25 09:14:57 · answer #3 · answered by DaMan 5 · 0 0

you'd be really hard pressed to choose the best answer among these.
they all hit the nail on the head. don't do it.

2006-12-28 15:37:07 · answer #4 · answered by buster 3 · 0 0

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