need a loan by internet - with low interest rate on $200.00
2007-12-07 06:54:03 · 4 answers · asked by Anonymous in Business & Finance ➔ Credit
Payday lenders follow the law. The problem is that the laws allow them too much leeway. You will pay 592% yearly interest. Better to go with a cash advance, as you would pay only around 20% or so. If you are maxed out, you should try living on cash. Pay off all your I.O.U.'s, and get yourself set up to live a life.
2007-12-07 07:27:03 · answer #1 · answered by Steveo 5 · 0⤊ 0⤋
Even with following the law, you are just asking to have your money stolen from you by dealing with these guys. The terms and interest rate on these loans are horrible. Getting out of the cycle often costs way more than the amount of money that you borrow. There is a reason why more than a dozen states have banned payday loans.
2007-12-07 15:44:59 · answer #2 · answered by A.Mercer 7 · 0⤊ 0⤋
My suggestion would be to check with a local credit union on a small personal loan. I see many bad things from payday lenders in my line of work.
2007-12-07 15:29:28 · answer #3 · answered by jjungema 2 · 0⤊ 0⤋
Here you can easily find the best lender in order to get fast approval:
http://cashquery.com/payday-loans.html
They make it very easy and have great interest rates.
Good luck!
2014-08-10 07:24:31 · answer #4 · answered by Anonymous · 4⤊ 0⤋