Has anyone used one of these advertised Payday Cash Advanced businesses?
I need to pay some bills because of a family emergency. I was thinking of using a payday cash advanced place. I would be able to pay it back within 2 weeks. Is it reliable and is it easy? Can they be trusted with personal information?
ummmm… Maybe??
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ummmm… Maybe??
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my ex does and its fine if you can pay them in the 2 weeks. If not, its insane
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um….
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They are pretty easy and reliable. However, they charge a certain percent of the money you are getting a loan for. Like if you get a $250.00 loan, you pay like $300.00 back. And you have to have a checking account.
Just don’t get into a habit of doing it often. It is better to get it out as soon as possible, so that you don’t end up losing more money.
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i had to use one last month and have had no problems as paid back on date that i said i would, the only thing you got to watch for is the APR can be high, but if you desperate for the money and there is no other alternative then i cant see any problems with it, i hope i would never need the service again but if i do i know it can be safe, its the same with every thing in life, shop around first as there are bad companies and good companies out there
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experiance
Yes I have. I don’t know what state you are in but in mine, they are very closely regulated and are careful (read ‘paranoid’) about information security. It is a very expensive way to solve a problem and you can easily get yourself into a money trap if you have anything else come up that prevents you from repaying it. Just be very cautious about not borrowing more than is an absolute necessity (and try to find an alternate source that isn’t going to cost you a bundle in interest). They serve a purpose but they are soooo tempting to abuse.
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http://www.aarp.org/bulletin/yourlife/the_law_high_price_payday_loans.html
You are playing with fire dealing with a Payday place. Their interest is out of sight.
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