Fast Cash vs Fast Debt
I was asked to check out the MoneyNowUSA website. I was skeptical at first but I was surprised by how much information the site really has on it. They search over 150 lenders to find people the highest payday loan amount with the lowest APR. I have to tell you that I really dislike payday loans but there are people that have no other options when there is an emergency.
There are so many websites around these days trying to lure in people with promises of fast cash but most just rip people off and get them trapped under a pile of debt. This website has a section of articles that are very interesting. I love that they have articles about payday loan scams and articles stating when a person should not get a loan.
My favorite article was "Five Examples of When NOT to Use a Payday Loan!". The article points out that you should not get a payday loan if the money you need is for gambling, a gift, a non-emergency, if you can not pay it back right away, or if you have good credit and can get another kind of loan. I think some of these examples are true when thinking of any kind of credit including credit cards.
If the the item you want is not really NEEDED and you do not have the cash, then you can not buy it. It really is that simple.
There are so many websites around these days trying to lure in people with promises of fast cash but most just rip people off and get them trapped under a pile of debt. This website has a section of articles that are very interesting. I love that they have articles about payday loan scams and articles stating when a person should not get a loan.
My favorite article was "Five Examples of When NOT to Use a Payday Loan!". The article points out that you should not get a payday loan if the money you need is for gambling, a gift, a non-emergency, if you can not pay it back right away, or if you have good credit and can get another kind of loan. I think some of these examples are true when thinking of any kind of credit including credit cards.
If the the item you want is not really NEEDED and you do not have the cash, then you can not buy it. It really is that simple.
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