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Are there any low fee payday loan sites?

Gwen M - 2007-10-09 10:18:33 - Personal Finance

Best Answer:

Payday loans are all ripoffs. Stay away. Call your parents, family, or friends for help first.

Answers:

Payday loans are all ripoffs. Stay away. Call your parents, family, or friends for help first.

Gwen, thanks for the Giggles. suggest u run fast away from any pay day 'loan' company. get 2nd, 3rd jobs pay cash. visit daveramsey.com to learn ur hard lessons the easy way - watching others mistakes.

No, there is no such animal as a low fee payday loan. Payday loans charge interest rates in excess of 600%. When you can't keep up, they get real nasty in their collection practices. Have a garage sale, sell blood/plasma, collect alum cans, get a second job -- pizza delivery has flexible hours. Do anything but take out a payday loan.

Yes I know your first answer said that all these sites are rip offs, but I thought I'd let you know about a site that we used 2 months ago. It's http://www.cashloancity.com and it completely saved us. We have it paid off already since it's lower interest than most land stores and we'll probably have a positive credit for it.