Comments on: I am going to get a payday advance. Any suggestions on which lender?

By: ed m

ed m — Fri, 12 Sep 2008 12:54:31 +0000

plan on leaving with only one hand — payday loans are the biggest rip off and should be shut down by the city govt!!!

By: Steve R

Steve R — Thu, 11 Sep 2008 16:49:44 +0000

100 loan will be $200 in 2 weeks. If you can’t pay that back it keeps on doubling every 2 weeks. In 6 months you’ll owe over $400,000. Forget the loan and the clothes or shoes you are trying to buy.

By: maahes007

maahes007 — Thu, 11 Sep 2008 02:24:44 +0000

Don’t do it it’s a trap.

By: CPA/PFS

CPA/PFS — Mon, 08 Sep 2008 18:07:17 +0000

First, I would strongly advise against going down that path. It is littered with the carcasses of the unsuspecting.

Second, you need to adjust your standard of living to be lower than your income. If you do not have $100 to meet whatever need/want that has surfaced … then you are in need of an adjustment.

I do not mean for this to be harsh. Just unvarnished.

By: nunya b

nunya b — Sat, 06 Sep 2008 18:35:25 +0000

impossible. all of their interest rates are unbelievable. thats how they make thier money

By: N2jazz

N2jazz — Fri, 05 Sep 2008 07:40:01 +0000

Cash advance stores prey on customers. If possible, borrow it from a family member or friend and pay them back plus 20 bucks or something…the rates for cash advance stores can be upwards of 400%. That means that you borrow 100 and have to pay back 400! Just be careful, and I would advise against borrowing from those companies.

Hope this helps!