Loans Guide answers:

Sunshine6919_2000, I’ve searched all around for a quick payday loan online, and the best one I found, and that I’ve used a several times was http://www.americaschoicetoday.com/Payday-Loan.html – the interest rate is really low and they put the funds in by the next day. I hope this helps you, best of luck!

Loans Guide answers:

Sounds like you are trying to get a payday loan online
Sorry, but EVERY single one of those sites WILL take your info and just farm it out to every payday lender they know. Who knows what these people are doing with your info? Some may even charge your bank account a fee for applying!

If you REALLY think you need an extra $500 and payday lending is legal in your state, you would do better to walk into a payday lender who has a storefront.

The thing is, you need a job, a paycheck stub, utility bill to prove where you live, government issued ID, bank statement, a checking account, and 5 references if you go to a walk in payday lender.

The online ones are just going to sell your info and you will be lucky if you see any sort of loan, and if you do, watch out… They are the worst at debiting your account when you least expect it!

Loans Guide answers:

My mom got one of those on the internet before and they kept withdrawing money from her account way beyond the amount she borrowed. Some of these are major scammers. She closed the checking account when we moved to Nashville but they caught up to her and sent her collection notices and she finally started paying off the amount they claimed she owes and finally she paid it in full but the interest was so high! That’s why she owed so much I guess. It’s not really a good idea to get involved with these things because they’re really not doing you a favor. They aren’t in business for you. They’ll make a huge profit off of you.

As for fixing the situation you’re already in, you should contact each one and make payment arrangemetns. If they won’t work with you then you should probably close the account and start sending them payments to get them paid off.

Loans Guide answers:

Go to where you bank and discuss a payday loan loan with them. In emergencies, often a bank is more understanding than you might think .

Sometimes the Salvation Army will pull through as well,if you have one in your area.

Take time to look into your community for support, but some people don’t have all the options that come with an understanding community. Http://www.americaschoicetoday.com/Payday-Loan.html

Loans Guide answers:

I think it makes more sense to teach Personal Finances rather than Geometry/Calc/higher level math, as most people would benefit much more from learning about interest rates, savings accounts, Roth IRAs, credit cards, mortgages, etc.

Payday advance companies will always exist as long as the market proves there is a need for it. There is a need primarily because children aren’t educated in how to manage their income versus their expenses.

Loans Guide answers:

It isn’t illegal to borrow money at any age, however it is illegal for the lenders to pursue you through the courts, effectively meaning that they can’t recover their money from young bad debtors and this means they will not lend to young people.

My advice would be to visit the citizens advice bureau and get their advice

Loans Guide answers:

Please realize you are only asking for trouble with this question. You need to speak to your bank about your troubles. It’s good that you can’t get a payday loan because they seem to be a bottomless pit of debt that few people can get out of.

Talk to your bank.

Loans Guide answers:

Plan on leaving with only one hand — payday loans are the biggest rip off and should be shut down by the city govt!!!

Loans Guide answers:

I recently learned about a website that uses everyday people to fund loans instead of banks. It’s VERY interesting and I am considering going to them myself both for a current loan I desire and for a possible investment further down the road. Check out www.propser.com.

From what I read, it appears that lenders (again, just people, not banks) bid against eachother to have the opportunity to fund your loan. The more they bid, the lower the interest rate (the opposite of ebay).

This company has been written up in magazines like Fortune, so they’re legit. I realize that I sound like a sales person, but I’m just fascinated with the possibilities for both lenders and borrowers with the system.

Loans Guide answers:

Call your doctor and ask if he has any samples that you can have. Explain your situation.

Loans Guide answers:

I did those for a while and they are as you can see how much they charge interest, as it was over 130%. It is really best if you can go a different route, if at all possible.

Loans Guide answers:

Because we dont teach it in school, having been in the finance industry for the last 10 years u would not believe the number of doctors, lawyers, and school teachers, particularly law enforcement officials who dont have a clue what they are doing reference a mortgage or credit, the things i have seen folks sign with good credit would blow ur mind, no the lenders arent scamming they just arent educating, this should be a course for juniors and seniors in high school and a freshman course in college, “Credit, Financing, Mortgages, and How It Works” dont laugh i am serious and bet i could write the course, there isnt 1 in 10 americans who know what they are doing with their personal finances.

Loans Guide answers:

W48iceman, Try finding other methods to get the cash first. Payday loan companies offer a great service, but it’s not something just anyone should get invovled with. If you do take a loan, pay it back quickly. Http://www.goodinternetdeals.com/Payday-Loan.html

Loans Guide answers:

Do not understand what you are asking!!!

Loans Guide answers:

THEY ARE PREDATORY LENDERS AT THE WORST WHO PREY ON PEOPLE WHO HAVE NO CREDIT BUT JOBS AND THEN RAPE THEM WITH HIGH INTEREST AND LATE FEES TOO . STAY AWAY FROM THEM .