It is Payday!

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.

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Comments

  1. Scot says:

    Only thing these kind of loans pay are the affiliates that are promoting them ;)

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    • Hugo Santos says:

      ah pay to who asks for a loan… the difference is that after a while they wnat it back with interest …lol

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  2. goofblogger says:

    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.

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    • Hugo Santos says:

      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

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  3. 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.

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