http://www.paydayloans.org/the-road-to-ruin-with-payday-loans-infographic/ Payday Loans, The Good, The Bad, The Ugly Mon, 19 Jul 2010 06:23:30 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.paydayloans.org/the-road-to-ruin-with-payday-loans-infographic/comment-page-1/#comment-304 Tod Sat, 30 Jan 2010 03:45:45 +0000 http://www.paydayloans.org/?p=206#comment-304 What a joke. At least with a payday loan, the loan agreement tells me exactly what the cost is. If you bounce a check with a bank, the interest they charge can be as much as 1000%. The banks call it a service fee so it doesn't show up as interest. The people that write about payday loans have never taken one. Want to help. Stop complaining about PDLs and go after Home Depot that said there was no interest for 6 months, and then charged me a $600 service fee on a $3000 loan for the six months. It was in the fine print. With a payday loan, I always knew what the scire was. No hidden agendas, no teasers, and I got the money fast when there was no where to go. What a joke. At least with a payday loan, the loan agreement tells me exactly what the cost is. If you bounce a check with a bank, the interest they charge can be as much as 1000%. The banks call it a service fee so it doesn’t show up as interest. The people that write about payday loans have never taken one. Want to help. Stop complaining about PDLs and go after Home Depot that said there was no interest for 6 months, and then charged me a $600 service fee on a $3000 loan for the six months. It was in the fine print. With a payday loan, I always knew what the scire was. No hidden agendas, no teasers, and I got the money fast when there was no where to go.

]]>