Well, not really. But wouldn’t be great to receive our wage in advance? After all, theres is a crysis going on, and money doesn’t hang on until the end of the month. There are bills to pay, food to buy….
Sadly, this is happens to a lot of families, and some need to ask for some payday loans.
This tactic (if we can say like this) is used by familys that don’t have a decent wage or a decent credit report. So regular banks tend to deny them loans.
Fortunately (so i hope), there are companies that provide loands for these kind of families, relieving them in times of financial stress.
Off course, when asking for this kind of loan, a period of reflection is required. A family needs to do all the math, and see if they can afford these loans. Sure they help in short term, and you can pay in soft installements, but i advise you to: think, reflect, do the math, think again, consult your family and them ask for your loan in a respectable company.
Only thing these kind of loans pay are the affiliates that are promoting them
ah pay to who asks for a loan… the difference is that after a while they wnat it back with interest …lol
Payday loans are a big trap. The interest rate really sucks. Better off trying to hold off until the pay is actual there. I have a friend that uses them already every month. EEEEEk.
yeap. Here in Portugal that business is flourishing. Many families depend on them, and every day we are invade through our Tv’s with ads about easy loans
I think that payday loans should only be used as a very very very last resort (notice the 3 verys). A “use once never again” type of thing and it should be treated as a wake up call to get help with your finances. There are a lot of free services available now to help you get things sorted out.