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Payday Loans: A Tax for People Who Are Bad at Math?
Posted March 1st, 2010 by stripes39 - no comments
Some people really hate payday loans. Others just loathe them. Payday loans are, in a very limited number of circumstances, a viable method of last resort. They should never be your first choice.
Yet, some folks continue to take out payday loans, and sometimes to take them out week after week. They argue that the payday [...]
Why Payday Loans Rock
Posted February 26th, 2010 by stripes39 - no comments
OK, I know. Everyone else out there is telling you that payday loans are straight from the pits of hell, that they were designed by a secret Nazi-Soviet alliance of evil accountants to break down the American financial system. To some degree, these theories are probably right. Some states have even banned payday loans outright, [...]
Read More →When a Payday Loan is a Bad Idea
Posted February 25th, 2010 by hockeypuck89 - no comments
Payday loans are a convenient and fast way to get access to small amounts of cash. Yes, the interest rates are higher than any other form of credit, sometimes being ten times as much as a credit card rate or even more. Still, because you’re borrowing for such a short period of time, it’s an [...]
Read More →Get Cash Fast Online (and Get Ripped Off!)
Posted February 18th, 2010 by hockeypuck89 - no comments
Payday loans are big business. In some cities, there are literally dozens of payday loan businesses. This has spurred a reaction from many folks in the community that don’t agree with these lenders or their high-interest, short-term loan practices. They wind up petitioning their local governments who then make zoning law changes that in effect [...]
Read More →What’s the Fuss over Payday Loans?
Posted February 16th, 2010 by stripes39 - no comments
Consumer advocates and politicians spend a hell of a lot of time complaining. They complain about evil corporations, they complain about unfair treatment of special interest groups and the complain about other consumer advocates and politicians. And, in many cases, they complain about payday loans.
They complain so loudly that the FTC even has a payday [...]
