July 23, 2009 | Posted by admin
Are short term loans a scam? The answer might surprise you, the actual answer is no. Many people become dangerously deep in debt due to credit card debt or bad credit loans.
Short term loans such as payday loans are actually beneficial to consumers. If you are low on cash at any time during the month [...]
Categories: Payday Loans | Tags: short-term loans, Short-Term Payday Loans | No Comments »
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 | No Comments »
July 21, 2009 | Posted by admin
There are several reasons why the government shouldn’t ban short-term loans. First of all, there is interference with free capitalism and trade. Secondly, the government now owns big banks, and they do not want the small lenders to take business.
They want to restrict the amount that payday cash advance (short-term) lenders and pawn shops can [...]
Categories: Payday Loans | Tags: short-term loans, Short-Term Payday Loans | No Comments »