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In my emergency situation where i need to get $1000?

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andy

Joined: 20 Apr 2009
andy's page
Posts: 1

93 Magic Points

Subject: In my emergency situation where i need to get $1000?

Mon Apr 20, 2009 12:21 pm

I have an emergency situation where i need to get $1000 fast for my car to
be repaired. I need the money fast but I still want to not get screwed over.
My friend suggested an online site that he used before called
instantbailout I looked it over and it looks ok, but I am not sure
what is a reasonable rate for a payday loan. Is there a standard for this
type of loan? Also does a payday loan effect your credit?

miley2g8

Joined: 15 Sep 2008
miley2g8's page
Posts: 9

182 Magic Points

Mon Apr 20, 2009 7:42 pm

there is not a reasonable rate you pay like 3 times if not more back on your loan - it's a LAST RESORT if even that option

cbass1017

Joined: 01 Feb 2008
cbass1017's page
Posts: 143
Location: PA

1528 Magic Points

Tue Apr 21, 2009 1:35 am

True,

If you truly need $1000 fast you are better to get down on your hands and knees and beg someone in your family to help you out. If you get into the payday loans you may never recover unless you are for certain you can pay them back quickly.
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GarySnober

Joined: 08 Apr 2009
GarySnober's page
Posts: 67

6 Magic Points

Tue Apr 21, 2009 2:28 am

In my opinion payday loans just ruin peoples lives and credit, they are such a rip off and i really suggest people dont use them unless they really need to as a last resort.

carol

Joined: 27 Jun 2006
carol's page
Posts: 1307
Location: Los Angeles, California

29555 Magic Points

Tue Apr 21, 2009 4:54 am

Yes, it is true that payday loans are mostly used during emergency when we have no other option in hand. However, there are many payday loan companies that are illegal. As far as I know, if you have already borrowed from an illegal payday loan company, you need to pay only the principle amount and not interest and other charges.
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Carol

tokmik

Joined: 20 Jul 2009
tokmik's page
Posts: 1

29 Magic Points

Mon Jul 20, 2009 10:10 am

If you just need 500-1000, it shouldn't be a big deal for you. There are so many loan companies that provide the best and fast loan.

$1000 payday loan

Aaron

Joined: 08 Feb 2010
Aaron's page
Posts: 2675

48566 Magic Points

Subject: payday loan

Wed Sep 01, 2010 11:45 am

Hi,

It is not safe to get fast loans from payday loan companies. Moreover, payday lending has been prohibited in most of the states.

Thanks,

Aaron
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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Wed Sep 01, 2010 6:22 pm

Looks like the payday loan people are actually trying to lure people in with posts. By looking at the two posts before Aarons you can see the exact same post with two different user names. Payday loans are seriously nothing to mess with. Choose to take money from them and you will honestly be paying forever.

Aaron

Joined: 08 Feb 2010
Aaron's page
Posts: 2675

48566 Magic Points

Subject: payday loans

Thu Sep 02, 2010 9:41 am

Hi fireyone,

Yes, you are right. Recently many people have been posting in the forums about payday loans. However, rather than helping you out of debt, it increases the pressure of debt.

Thanks,

Aaron
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