Are payday loan companies you find online reputable? If you have used one, had a good or bad experience, please let me know?
2007-10-16 08:16:13 · 13 answers · asked by deptofstate 1 in Business & Finance ➔ Credit
How much money do you need?
I used QuickPayDay.com several times in the past and it helped me out when I was in a bind.
BUT it was never for more than $500 and I made sure to pay them back with my next paycheck so I never got into debt or in any kind of trouble.
These kinds of payday loans are really only good for smaller amounts of money, when you are in a bind, need a little cash quickly, and if you pay it back as fast as possible.
You don't want to get yourself into a lot of trouble by taking too much of a loan and not be able to pay it back.
My experience was fine.
2007-10-16 08:50:00 · answer #1 · answered by shywink 5 · 0⤊ 0⤋
Was it right to ban the ad, absolutely. The FSA guidelines are very clear about not trivialising payday loans or suggesting that they should be used for long term borrowing or to fund a lifestyle you cannot afford. Was it right to use Kerry Katona, a talentless bankrupt who is famous only for being gossip mag filler, probably. The guidelines about trivialising etc are very clear, the ad goes beyond those guidelines by quite a good margin, I'd think the aim of the ad was to get banned and benefit from all the free publicity and extra conversation that generates. If you're aiming for that then you may as well do it properly and find a questionable 'celebrity' to front it and really maximise the outrage, disgust etc etc you can. Ultimately it's all extra coverage and I bet it drives a lot of people to their website.
2016-04-09 07:58:11 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I have used both an online payday loan company and a storefront. Both were awful - I ended up in horrible debt, paying thousands more than I had borrowed. Please don't do this!! See if there are any other options out there before you take money from these loan sharks!
2007-10-16 08:19:25 · answer #3 · answered by jml167 4 · 0⤊ 0⤋
Payday
2015-08-18 01:27:34 · answer #4 · answered by ? 1 · 0⤊ 0⤋
600% interest rates, you give them access to your bank account and agree to allow garnishment of your wages. Sound like a bad deal? Well let's not forget how aggressive their collectors can be...
Find some other way. Pawn something, sell blood, collect alum cans. Pay a bill late -- the late fee will be cheaper than the payday loan interest.
2007-10-16 08:23:21 · answer #5 · answered by bdancer222 7 · 1⤊ 0⤋
For Finance and credit solutions I visit this site where you can find all the solutions. http://your-finance.us/index.html?src=ylgglBK54
RE :Has anyone used a payday loan company?
Are payday loan companies you find online reputable? If you have used one, had a good or bad experience, please let me know?
Follow 13 answers
2016-10-16 06:51:58 · answer #6 · answered by Anonymous · 0⤊ 0⤋
There is no payday loan company that is reputable. Avoid them like the plague. If you're desperate, go to a church, synagogue, or anyplace else. Their interest rates are 592%.
2007-10-16 08:25:16 · answer #7 · answered by Steveo 5 · 0⤊ 0⤋
I have used them. It's something that I would only do in an emergency. If you always pay the loan back on time, your only problem will be the huge interest rate. I would never borrow more than 1/3 of my bi-weekly paycheck. You're better off in the long run to suffer through the lean times, because of the interest that you'll pay. You would be wise to carefully read everything that they ask you to sign, before you actually sign it.
2007-10-16 08:29:30 · answer #8 · answered by Anonymous · 1⤊ 0⤋
You may have no legal obligation to repay an online payday loan if you live in one of the 14 US states that outlaw high-interest, short-term consumer loans. See the Source(s) below to learn how to find if your loan is illegal, and what steps to take if it is.
2014-04-29 08:40:26 · answer #9 · answered by ? 6 · 0⤊ 0⤋
This site is for comparing rates for you and free WWW.CREDITVAULT.NET
RE:Has anyone used a payday loan company?
2014-07-15 01:44:55 · answer #10 · answered by Anonymous · 0⤊ 0⤋