Has anyone tried to get a payday loan from usainstantpayday.com ?
By mark tong from Phoenix, AZ
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Read the archived links below and please do not use even local payday loan companies :-( They are nothing more than legal loan sharks and you have to pay way too much money for that loan :-( Also, it would frighten me to death to be giving out banking and/or social security info :-o Maybe you could borrow from a family member or friend and make them a nice dinner in exchange for interest? Also, some employers will work with you and give an advance and some will even deduct in installments from future checks without paying interest or a fee.
Hope this has been helpful!
I have also tried to do a payday loan online and in person in the town I live in and it was a nightmare. I do not recommend them at all. I had one and the person went to my bank and pulled out my money from the bank without my permission to pay it back. I do not recommend it again.
Deeli is correct about payday loans. Unless you are sure you have the money to cover it, plus money to live on until your next payday, you will be in deeper debt than you started. Take it from someone who knows!
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Does anyone know of any payday or cash advance companies online that really approve anyone for a payday advance loan?
By sherry
The payday advance loans are a ripoff. They charge you interest rates that would normally be illegal in banks. If you needed the money in the first place, you will have to come up with the money to pay the finance company after you used the money for what you wanted it for in the first place, and then the interest. Trust me. You are better off borrowing from friends, family, or someone who is more than half a step up from loan-sharking. (08/13/2009)
Please don't do this. (08/15/2009)
By Linda Jones
Does anyone know about the online pay day loan companies?
Pam
PayDay Loans are a very expensive way to make ends meet and normally end up putting you in a bad position. The interest rates yearly can be up to over 300% and many people can get themselves into bad financial trouble by using either the storefront or internet payday loan places. Here's a write up on them from the Federal Trade Commission:
http://www.ftc.gov/bcp/conline/pubs/alerts/pdayalrt.htm
Hope you can find another way.
Susan from ThriftyFun (12/21/2005)
By ThriftyFun
"Do not do them, online or otherwise." We did this some years back. I had six going at once, four of which were for the full amount ($300, at that time). I was robbing Peter to pay Paul. It was getting towards tax time, thinking I could pay everyone off.
Lo and behold one of the agencies put their cheque in just a tad early, which caused the others to bounce, not only for the loan companies, but for my groceries, bills, and everything else. Oh what a mess. It cost me over two thousand dollars to get it all straightened out. It just isn't worth it.
Borrow from your folks, sell goods on Ebay, but do "not" do this. You will regret it, because it is never a "one week thing". You need the cash and unless you are expecting a large cash windfall by the time the money is due, you are falling into a trap that is very hard to climb out of. Please take my advice on this. (12/22/2005)
By KLS8800
