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Those short term loans are not a good deal. It would make more sense to get a credit card with a zero % introductory rate ( usually for 6 months). It would cost a lot less).

Http://creditcardgoliath.blogspot.com/

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Not online, you have to use brick and mortar.

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Please don’t do this. They will charge you such a lot. It isn’t worth you wasting your money. You are right to be wary, regardless of if they are online or not.

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Shylock.

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In California, the statute of limitations for a payday loan is 4 years from the date of the last payment on the account.

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Bill Richards (the first answer) is NOT a reputable lender. He PROVED that by offering a loan on YA in DIRECT violation of YA Community Guidelines.

If you will NEVER even THINK about borrowing from a payday lender/cash store loan again, see if you can pay them with a credit card cash advance. If you are not PERMANENTLY though with the RIP OFF loans, DO NOT consolidate. You WILL regret the additional debt.

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Payday loan stores are a hot mess, but they are a place of last resort for those who need cash fast, but lack adequate access to credit.

Payday loan stores are a clearinghouse for the extremely desperate and the extremely greedy capitalist. It is a marketplace — nothing more, nothing less.

I honestly believe that the average poor person who goes to a payday loan store already knows he is in trouble by the time he enters the place.

I think the average poor person knows he is in trouble when he signs the legal documents. But he pushes his reservations aside because his need for cash outweighs the need for financial prudence.

I don’t think the payday loan stores need regulation. I think the poor people need educational courses to learn how to handle money and how to engage in behavioral decisions that simplify their financial life.

Furthermore, I think they need these courses to learn how to say “hell no” to places like payday loan stores, predatory lenders, and spurious used car dealerships.

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Most payday loans require that you have a checking account, though some may have exceptions.

Check to see what the requirements are where you are applying.

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No. They take the money out of your account to get repayed. Don’t go to Payday Loans. The interest is out of this world, and you will end up paying $1000 for a $100 loan. It just isn’t worth it.

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These companies are predatory in practice by charging such exorbatant rates. They claim that they need such overcharges to sustain there business, due to the amount of default loans which they sustain.

However, for people with bad credit, in an emergency, between paydays, who live paycheck to paycheck and who have no alternative to get a short term loan, these companies can be there only hope for help. Yet sadly depite the intentions of their customers, most end up getting in even worse financial difficulties when the time to pay up is due.

So in my estimation, it’s a no win for both sides if we shut them down. The solution, I’m not sure. Ideas ? Better regulation and control of the fees, and on the customer end, allowing loans only periodically, and having an out situation available to those that default.

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I would advise that you contact your local financial instituition and they should be able to help you with the matter at hand

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Pawn shops offer what you are looking for

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If you have an account at a credit union, maybe you can get a payday loan from there. Or just pawn you psp2. Or borrow from your friends.

P.s. Pls dont sell your cats! =)

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I would not do this. In my state we have a Consumer Credit Counseling that help people and they charge hardly nothing. You will only get in deeper. Call a credit union bank and let them tell you of a local group where you live. They charged me like 2.10 cents several years ago. Now as far as those pay day loans, there is not really much they can do to you. Either pay them off or take your money of the bank and stop taking their calls. I know that that doesn’t sound right to some people but they are crooks and I know this first hand. They really don’t want you to pay them off because this is the way they make their money. Thankfully we had a bank manger to fight them.

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You do not want any online lenders, because in your own words they are a scam. You are right on that account.

But you also don’t want any any payday lenders. Is this because you don’t have a job and therefore can’t qualify? Payday lenders are at the bottom of the barrel as far as finance institutions are concerned and many charge outrageous rates, but at least they operate within the law.

Loan sharks charge you 5-10% interest. Oh, not as an annual percentage rate, but rather per week (interest rate = 260% to 520% per year). But Giovanni at 72nd and Federal will not give you any money unless he has verified were you live. If you then can’t pay him back within a week or two including that big interest charge, then he is going to give you a visit. He will ask you to pay him on the spot or he’ll break your bones. But where are you going to get the money in that short a time if you have no job? Maybe he is not going to break you bones personally, but he will be sending Tony by to do the dirty work. Tony also had no job and could not pay his loan back, so he went to work for Giovanni. It’s just a job for Tony, you know, nothing personal.

OK, you are at the end of the rope. Try a public agency and see if you can get a government handout. You’ll probably get it if you have a GOOD reason and it is for a GOOD cause. Otherwise, the best is course of action for you is to do nothing at all and let the chips fall where they may. I can guarantee you, the consequences are not half as bad than if you get a loan from Giovanni.