July 21, 2009 | Posted by admin Just after my bank offered short term loans (35 days maximum) I had 2 credit cards that were about to bill me $59.00 each annual fee. I took advantage of the loan and paid off both credit cards and closed them. I owed around $450.00 on both cards. My short term loan charged me $50.00 [...]
Categories: Payday Loans | 
Tags: Payday Loans, short-term loans, Short-Term Payday Loans | 
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March 13, 2009 | Posted by admin One of the great tragedies of financial illiteracy is that reality isn’t very compassionate. Not knowing the basics of personal finance can completely destroy one’s financial well being. Seemingly trivial mistakes can destroy one’s life.
Peppered throughout tens of thousands of towns and cities throught the world advertise so-called “short-term loans” — typically referred to as [...]
Categories: Business Loans, Payday Loans, Student Loans | Tags: Business Loans, Payday Loans, short-term loans, Student Loans | No Comments »
January 13, 2009 | Posted by admin There are many things for the average, reasonably intelligent person not to like about payday loans. They have colossal APRs that are in the hundreds (or even thousands!) of percentage points.
These loans involve massive risks, and the companies that produce them usually target financially “vulnerable” people, to whom a 500% APR for a short loan [...]
Categories: Payday Loans | Tags: Payday Loans, short-term loans | No Comments »