Comments on: How Payday Loans Works

By: california hard money

california hard money — Mon, 02 Feb 2009 08:30:58 +0000

Payday loans are great if they are not abused by the borrower. A payday loan company will not break your thumbs if you miss a payment!

By: Picky Boot

Picky Boot — Sat, 29 Nov 2008 06:18:59 +0000

Ya moneyning what you have said is right. One can make use of payday loans when he is in emergency needs. Moreover one can go for a payday loan, when he is able to make a good profit out it i.e, more than the interest what he is going to pay. But before going for a payday loan one must make a clear research on it and the companies offering. One must make sure that he pays back the loan as early as possible.

By: MoneyNing

MoneyNing — Wed, 15 Aug 2007 03:46:40 +0000

Eric: These loans are definitely a very bad place to be if you are looking to use it like a bank. For some strange and emergency situations though, they might be useful but it involves very careful consideration.

By: Eric

Eric — Tue, 14 Aug 2007 17:51:46 +0000

I’ve never thought I’d ever use a payday loan place. Then a few years back, I found myself without any credit cards, and no money for gas to go to work. Thankfully, my parents helped me out, but it did put in my head, why I needed credit for the shortterm, but a savings and spendings plan for the long term. Yet their commercicals try and get you to treat them like a bank and that are very much, not a bank.