We had a friend who took out two payday loans to buy a swimming pool. Now let’s get real. We understand that it was hot that day. We also understand that she has three fussy kids. And we get it. A swimming pool is a hell of a lot of fun in the summer time.
But [...]
In most cases, payday loans should be reserved for times when you really desperately need the money for an emergency and have no other way to get it. However, as long as you don’t get out of control, taking out a small cash advance for something fun won’t kill you.
Of course, you shouldn’t borrow more [...]
If you’ve had to take out payday loans to cover emergency expenses, you’re not alone by any means. Most of us have been in that situation before when you have to do whatever it takes to pay for car repairs, emergency travel, or even to keep bread on the table. And while we may have [...]
Read More →
OK, so you’re out shopping and you see the perfect pair of shoes. Suddenly, the other 300 pairs of shoes in your closet simply won’t do. You need those ones. And they’re (gasp!) on sale! You’ll never be able to get a better deal, and if you don’t hurry there’s no way you’ll ever be [...]
Read More →
The best time to handle payday loans is before you ever take one out. Think about it. These cash advances on your payday charge in the neighborhood of 400% annual percentage rate interest. Now, granted, some people, because of poor decisions or just plain bad luck are in poor credit situations and don’t have any [...]
Read More →