I need to today and need to pay it back in 2 weeks. It's only a $100 loan. Low fees if possible.
2007-08-09 07:36:46 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
plan on leaving with only one hand -- payday loans are the biggest rip off and should be shut down by the city govt!!!
2007-08-12 10:10:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
100 loan will be $200 in 2 weeks. If you can't pay that back it keeps on doubling every 2 weeks. In 6 months you'll owe over $400,000. Forget the loan and the clothes or shoes you are trying to buy.
2007-08-09 19:53:48 · answer #2 · answered by Steve R 6 · 0⤊ 0⤋
Cash advance stores prey on customers. If possible, borrow it from a family member or friend and pay them back plus 20 bucks or something...the rates for cash advance stores can be upwards of 400%. That means that you borrow 100 and have to pay back 400! Just be careful, and I would advise against borrowing from those companies.
Hope this helps!
2007-08-09 07:44:56 · answer #3 · answered by N2jazz 4 · 0⤊ 0⤋
First, I would strongly advise against going down that path. It is littered with the carcasses of the unsuspecting.
Second, you need to adjust your standard of living to be lower than your income. If you do not have $100 to meet whatever need/want that has surfaced ... then you are in need of an adjustment.
I do not mean for this to be harsh. Just unvarnished.
2007-08-09 07:46:43 · answer #4 · answered by CPA/PFS 2 · 0⤊ 0⤋
impossible. all of their interest rates are unbelievable. thats how they make thier money
2007-08-09 07:45:33 · answer #5 · answered by nunya b 2 · 0⤊ 0⤋
Don't do it it's a trap.
2007-08-09 07:47:00 · answer #6 · answered by Steel Rain 7 · 0⤊ 0⤋