December 8, 2007
Payday Loans
Christmas is fast approaching. I don’t know about anyone else this year, but it just seems that money is tight. I was thinking about ways to get some money to buy presents from Payday loans.
This site has intrigued me for awhile. I am going to give it a try. Basically it is a loan that gets paid back on your next payday. They loan you anywhere from $100 to $1500. On the day that the money is due to them, you have a few choices.
- you can pay it back in full
- renew the loan and pay interest and fees only
- renew the loan, pay interest and fees, and pay part of the money back
- do nothing and let it roll over until next pay period
The application process is really simple. I completed it in just a few minutes. The interest is 15%. The money even gets direct deposited into your checking account the next business day.
I am giving it a try. I need the extra cash.
I was offered a loan at the beginning of the year and decided to take it. Cash flow bad. Now we kicking ourselves.
Hopefully things will workout and we will be debt free in 1 and half years!!!
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