Is there any other companies like think cash that lets you pay a loan out?I think its like a pay day loan but you get to pay it out in 12 months,even with bad credit
2007-08-10 14:02:04 · 7 answers · asked by Anonymous in Business & Finance ➔ Credit
DO NOT GO TO PAYDAY LOAN! These companies charge 100% interest, and some even more. You will be paying them back for the rest of your life.
2007-08-10 14:05:38 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Many lenders, banks in particular, deal in any sort of secured loan other than second mortgages. Other institutions deal almost exclusively in secured loans. Finance companies that deal in secured loans can be found in your phone book, newspaper, and increasingly, online.Shopand can get a good idea of what each can offer you in terms of interest and other finance charges and fees. Choose the best one for your needs, and apply for the loan. It's that easy.
2007-08-11 12:09:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Sure there are companies like that... but they all charge HUGE interest rates...
Once you get into the cycle of taking those payday loans... you are stuck... the interest eats you alive... 1/3 of your pycheck goes to the interest! THen... you end up unable to get more of the loans.. and don't have the money to buy food.
STAY AWAY FROM PAYDAY LOANS!
Learn proper finacnial management. There is NO GOOD REASON to EVER get a loan from the payday loan-sharks.
2007-08-10 21:07:34 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Beware of Advance fee Loan scams.
LOAN SCAM - Do Not Pay UpFront Fees.
Do not send money UpFront via Western Union or MoneyGram to any person
or business in the UK, Nigeria or Canada in hopes of getting a loan. If
you do you will learn a hard lesson & never see any Loan money.
Remember, if it sounds too good
to be true, it probably is! NEVER give out your personal information to
strangers online! Always be on guard.
http://scamalertusa.blogspot.com/
2007-08-10 21:20:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Read the fine print carefully. Interest on these loans can carry an interest rate of several hundred percentage points.
I have fallen into the payday loan pit on more than one occassion. Once in, it's VERY hard to get out, no matter how hard you try.
2007-08-11 03:47:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋
There are so many scams out there, I would restrict my business to places that have a store front in your community.
When we pay our income taxes, thru some place like H+R Block & we know we are getting a refund, which will arrive in say 4 weeks, we can get a loan against that, at what I consider to be pretty high interest rate.
If you get anything in e-mail that sounds too good to be true, or like you are extremely lucky, iit is probably a scam. Check out what I posted here
http://answers.yahoo.com/question/index;_ylt=ArB2g.QYgKmrjHNTaoB0Hkfty6IX?qid=20070711110022AAZee1Q
http://answers.yahoo.com/question/index;_ylt=AsBW2L9_CKJzsJ1B9YpOg0_ty6IX?qid=20070723134755AAccSMB
most importantly the education we can get from
http://www.knujon.com/
about types of e-mail junk and scams
and what can be done to shut them down
2007-08-10 21:35:26 · answer #6 · answered by Al Mac Wheel 7 · 1⤊ 0⤋
acceptmy cash.com is one to try
2007-08-10 21:09:15 · answer #7 · answered by Michael M 7 · 0⤊ 1⤋