Comments on: Payday Loans Explained

By: Lashawnda Farfalla

Lashawnda Farfalla — Thu, 30 Dec 2010 20:14:53 +0000

Not everybody realizes how important this is, and that saddens me. Although nobody realizes this, they will one day and see how much of a necessity it was.

By: payday

payday — Tue, 10 Aug 2010 09:24:37 +0000

I thought that we can get loan for few few hours a day or perhaps it should be usually a most convenient for everyone can easily take and repayment duration should be larger…

By: chaada

chaada — Wed, 17 Mar 2010 02:03:17 +0000

loans, loans, loans…at the end of the day loans pa rin…well loans today are one of the best options and best business.

By: Jimvesting

Jimvesting — Tue, 16 Mar 2010 06:49:27 +0000

Payday loans are huge scams and you really shouldn’t be involved in borrowing against your own future cash flows. I know that in certain situations it is applicable, but over 90% of the people that apply for payday loans are in situations that they shouldn’t be in regardless.

By: vebhav

vebhav — Sun, 14 Mar 2010 13:05:48 +0000

Who offers this kind of facility and hearing for first time…anyway its a nice option for a needy person.

By: safety acts

safety acts — Sat, 13 Mar 2010 04:20:21 +0000

Most of the payday loan afficionados are trapped in this kind of system. For un registered individual who offered payday loan , most of the time has higher interest rates than legal salary loans company. Its really important to educate people on financial education

By: Daniel @ Passive Income

Daniel @ Passive Income — Fri, 12 Mar 2010 09:34:22 +0000

Well…there are good and bad for payday loans. There’s actually a risk and a bad habit. It’s not for everyone, especially for those who are not disciplined. I have seen people getting payday loans just to pay off debts.

Anyway, there are still smart ways to leverage payday loans, although it must be well controlled. One way is to place it in a low risk financial vehicles that gives returns more than the interests of the loans.

For me, I’ll have some loans that I can afford and place it in programs that can generate passive income more than the interest of the loans.

By: Valentina

Valentina — Fri, 12 Mar 2010 00:52:12 +0000

Using payday loans is setting yourself up for a bad habit and a costly one as well. Do whatever you can do to avoid this – beg, borrow or exist on ramen noodles for a week!

By: Samuel

Samuel — Thu, 11 Mar 2010 19:00:42 +0000

Nice post lol wil tel my neigbour bout it!

By: Snow

Snow — Thu, 11 Mar 2010 05:17:09 +0000

Payday loans are not for me as I know how to spend my money right.

By: Vic

Vic — Wed, 10 Mar 2010 04:10:02 +0000

Relying on payday loans is a bad credit habit. But for people who are trapped by their bad spending habits that make their pockets dry – payday loans will treat the defect in the short-run. Hmmm. How about for those people who are not employed? Do they have something like this?

By: dlysen

dlysen — Sun, 07 Mar 2010 15:43:46 +0000

It is like borrowing your money from the future or using your future money. If you can make it grow its a smart decision but if your just using it for expenses, better ask advices or think.

By: edmund lao

edmund lao — Sun, 07 Mar 2010 12:09:39 +0000

nice article…