Online Payday Cash Loan
An online payday cash loan is going to come in one hand and out the other - and then some. Just watch your next online payday cash loan take a few friends out the back door with it. en-usSat, 26 Jul 2008 15:00:00 EDTSat, 26 Jul 2008 15:00:00 EDTWeblog Editor 2.0Online Payday Cash LoanThink you know everything thats going on with your personal finances? You think you can handle a cash loan online?
Well, lets ask a different question. How much is this upcoming online payday cash loan going to cash you?
I have no idea.
Between $10-$30 per $100 you borrow, depending on the lender, and the circumstance, and your credit score, and a whole universe of other variables all serving to drive up the one time cost?
More than you're prepared to pay.
If you answered #1 or 2, you need to take a few steps back and really think about this loan. Because the answer is good ole #3, and thats not a good time for anyone but the lender.
Never prepared for the online payday cash loan
Less than 40% of all payday advances are repaid on time and taken out by an individual taking out less than 5 loans per year. Thats means a lot of people are either taking too long to repay their online payday cash loan or are so desperate for anytime cash they can't live without it. People just aren't prepared for the demand, for the continual stream of costs and hidden charges accompanying their cash loan to handle the thing all at once. So they go into debt, keep up the struggle, and eventually (sooner rather than later) they're back at square uno - no cash, no time, no options other than another online payday cash loan
A cycle? Yeah, the spin cycle - you're being taken to the cleaners now my friends!
Sat, 26 Jul 2008 15:00:00 EDT