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 Post subject: money problem.. are payday loans the answer?
PostPosted: Fri Dec 18, 2009 5:13 am 
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Sorry for the off-topic but I know that here I can find people that can help me!
I work in the army, as you know I am really low on cash, i've just camed home to see my familly an I am thinking of getting a payday loan. I've heared that army men have a discount on the interests or somthing like this.
If anyone here has any info do not hesitate to reply!


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 Post subject: Re: money problem.. are payday loans the answer?
PostPosted: Fri Dec 18, 2009 3:07 pm 
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First of all, WELCOME!

Here is my experience with these types of loans. I did use them when I was in the Army when my kids would need something on an urgent type basis. You need to be very careful using these. The fees/interest is so high that you can be trapped into using these to the point that you have to keep going back just to pay your bills. I have seen this happen to several people, and it got to the point that they had to find help elsewhere, to get out of the trap.

I am not saying not to use it for an emergency, but I recommend to avoid them if possible.

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 Post subject: Re: money problem.. are payday loans the answer?
PostPosted: Sat Feb 27, 2010 6:22 am 
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Here is my experience with these types of loans.Penny stocks are really worth giving a try and its good short term investment.

Penny Stocks


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 Post subject: Re: money problem.. are payday loans the answer?
PostPosted: Mon Mar 01, 2010 1:27 pm 
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givomoroevage wrote:
Sorry for the off-topic but I know that here I can find people that can help me!
I work in the army, as you know I am really low on cash, i've just camed home to see my familly an I am thinking of getting a payday loan. I've heared that army men have a discount on the interests or somthing like this.
If anyone here has any info do not hesitate to reply!



RUN from those payday loan places!
The interest they charge is worse than a credit card.
Stay away!


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 Post subject: Re: money problem.. are payday loans the answer?
PostPosted: Tue Mar 02, 2010 1:18 am 
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Agreed. Run the other way. :arrow: :arrow: :arrow: :arrow:

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 Post subject: Re: money problem.. are payday loans the answer?
PostPosted: Thu Feb 17, 2011 12:21 pm 
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Avoid payday loans if possible! Run to other options. My friend is really busted with payday loans. The interest charge to her is far higher than credit cards. I said not to payday loans!
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 Post subject: Re: money problem.. are payday loans the answer?
PostPosted: Tue Mar 01, 2011 11:15 pm 
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Payday loans are generally NOT the answer for all the reasons previously mentioned.

When we need extra money, we've had fairly decent luck selling stuff on ebay and writing for freelance writing sites like the Yahoo Contributor Network. Unfortunately, these sources don't generate big money. You can probably get $4 or $5 for a 400 word article on YCN and ebay is pretty much dependent on how much salable crap you have. Nothing is instant. But, if you bang out 20 articles, you'll get $80 to $100 for your paypal account.

Good luck! We appreciate your service to our country.

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 Post subject: Re: money problem.. are payday loans the answer?
PostPosted: Fri Mar 25, 2011 10:03 am 
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I believe and try ti live in this saying.

He who has self-control is under control

i love this saying, because this means having self discipline in our finances.

I do this very simple and basic budgeting

salary
- tithing (10% of the income)
-10% savings
-your expenses

i do spend only 80% of my increase, because I place the money first back to the Lord and then to my savings.

i hope this one helps


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