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Payday loan questions & Help Please?

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Money Talk > Credit & Loans

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!aceekee
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Payday loans have hit the finance industry by storm, allowing families to avoid the heavy recurring charges associated with credit cards and long term repayments that come with a standard bank loan.
Post Wed Jul 25, 2012 7:31 am
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brown
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Payday loan is a good source, when it comes to emergency. it's not great choice to talk for simple financial requirements. People use them to pay medical bills and unexpected urgency.
Financial industries and private lenders operating payday advances through online. We should check if they are direct lenders so that the fee with direct lenders is very low compare to other middle man broker rates.
Post Sun Jul 29, 2012 4:53 pm
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BillyQuinones
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Payday loans are short term loans which can be utilized for essential requirements. You can find many websites to look for good payday loan service providers these days, however that allows you to avoid wasting time and efforts. Applying online is probably the easy methods to get financial loans quickly as online applications are much easier to complete. In fact, some payday loan companies do not even request for the fax copies of a person's bank transactions and only need one to complete their online applications with some basic personal and finance related info.
Post Fri Mar 01, 2013 12:19 pm
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soybean
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quote:
Originally posted by !aceekee
Payday loans have hit the finance industry by storm, allowing families to avoid the heavy recurring charges associated with credit cards and long term repayments that come with a standard bank loan.
You are very wrong. Payday loans are by far the most costly way of borrowing money; the effective rate of interest often charged on such loans is simply outrageous. Anybody who uses such loans, except in an extreme emergency, is borrowing money from the highest-cost type of lender.
Post Sun Mar 03, 2013 4:10 pm
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coaster
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The last poster is correct. This whole thread began as an effort to push payday loans and has been pushing the edge of forum rules and policies throughout its existence. Though I have no cause per those rules and policies to remove the thread or to ban any poster herein, I do think that it's long past time to deny it any more exposure, and that is within what is called moderator's discretion. Therefore the thread is now closed.

~Tim~
Post Sun Mar 03, 2013 6:38 pm
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