Many people take out a Pay Day Loan to raise cash for unexpected expenses, to start a home-based business, or even to buy holiday gifts. The interest rates of these loans can border on Usury!
Have you taken out a pay day loan? What was your experience- good, bad, or ugly? Did it help, or did it just get you deeper into debt? Post your thoughts here!
My experience with payday loans have been ok. The only thing is the amount you have to pay back is alot more. But if your in a pinch you can't complain
ReplyDeleteI can see where some people may think that this would be helpful, but my feeling has been that if I don't have it now, I probably won't have it in a couple of weeks either.
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