Payday Loans

United States
October 8, 2007 6:39pm CST
Does anyone have any experience with Payday Loans??? I applied for one and got it and I had SO many companies after me to take another one from them. I think they can be dangerous. What do you think????
2 responses
@kate44 (100)
12 Oct 07
Hi there, no payday loans arent dangerous. Payday loans are just a short term loan , usually you can only borrow a little amount from £100 - £900 and this would need to be paid back after approx 3/4 weeks. They are great if you find yourself short of cash half way through the month or if you have an unexpected bill come through. If you borrow say £100 then you would usually pay back about £120. Be sure to go to a reputable company though. Here is a great website on payday loans to help you with some links to reputable, well known payday loans companies. www.paydayloansexplained.blogspot.com x
• United States
13 Oct 07
Thanks so much for the info. I checked out your site and it was great - I will definiately go back again. Thanks again!!!
@cripfemme (7698)
• United States
2 Mar 08
I totally agree with you. Payday loans are dangerous. I got one exactly once and was in debt for six months over that 300 dollars. I would have been better to ask my mom for the money even if she would yelled at me,which she would have. Also be aware of special offers they sometimes make you fill out to get the money. One of these offers actually took 30 dollars out of my bank account when i was trying to get money to go see my friends who were dying in any way i could manage.