Comments on: The Truth About Payday Loans http://www.accumulatingmoney.com/the-truth-about-payday-loans/ Because wealth is better than poverty, if only for financial reasons. Wed, 08 Sep 2010 17:19:01 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: sam gibson http://www.accumulatingmoney.com/the-truth-about-payday-loans/comment-page-1/#comment-64323 sam gibson Sat, 12 Jun 2010 06:58:41 +0000 http://www.accumulatingmoney.com/the-truth-about-payday-loans/#comment-64323 payday loans are a nightmare . All you have too do is step into one STAR LOANS to be exact --I WAS CONED BIG TIME INTO RENEWING MY LOAN . WHEN ALL I WANTED TOO DO WAS CHANGE MY PAYMENT DATE BY A WEEK ,NEXT THING I KNEW I HAD GIVEN STAR LOANS A CHECK FOR 90.00 DOLLARS. THINKING IT WAS A PAYMENT, WELL IT TURNED OUT TOO BE A ROLLOVER SCAM . I COULD HAVE JUST PAID THE 10.00 DOLLAR LATE CHARGE BUT THE FAST TALKING MANAGER FIXED ME UP WITH A NEW CONTRACT. AND THE 90.00 DOLLARS WENT TOO INTREST FEES. OH BOY NOWI DON,T KNOW IF A LAWYER CAN HELP ME OR NOT , BUT STAR LOAN MANAGER IN PORTER TX PULLED A FAST ONE , THAN HAD THE NERVE TOO BOOST THAT SHE DID ME A FAVOR. OH WELL WE LIVE AND LEARN, GOT 516, IN CASH AND OWE BACK 826.00 WOW payday loans are a nightmare . All you have too do is step into one STAR LOANS to be exact –I WAS CONED BIG TIME INTO RENEWING MY LOAN . WHEN ALL I WANTED TOO DO WAS CHANGE MY PAYMENT DATE BY A WEEK ,NEXT THING I KNEW I HAD GIVEN STAR LOANS A CHECK FOR 90.00 DOLLARS. THINKING IT WAS A PAYMENT, WELL IT TURNED OUT TOO BE A ROLLOVER SCAM . I COULD HAVE JUST PAID THE 10.00 DOLLAR LATE CHARGE BUT THE FAST TALKING MANAGER FIXED ME UP WITH A NEW CONTRACT. AND THE 90.00 DOLLARS WENT TOO INTREST FEES. OH BOY NOWI DON,T KNOW IF A LAWYER CAN HELP ME OR NOT , BUT STAR LOAN MANAGER IN PORTER TX PULLED A FAST ONE , THAN HAD THE NERVE TOO BOOST THAT SHE DID ME A FAVOR. OH WELL WE LIVE AND LEARN, GOT 516, IN CASH AND OWE BACK 826.00 WOW

]]> By: John http://www.accumulatingmoney.com/the-truth-about-payday-loans/comment-page-1/#comment-45366 John Mon, 08 Dec 2008 09:00:18 +0000 http://www.accumulatingmoney.com/the-truth-about-payday-loans/#comment-45366 Although payday loan may look very expensive, but does APR really make any sense when considering short term loans. When you go to a hotel you dont ask the rent for a whole year. Similarly the concept of "annualized" interest rate doesn't make sense when short terms loans are considered. And also the ease of availability makes them a very good option for emergencies. Although payday loan may look very expensive, but does APR really make any sense when considering short term loans. When you go to a hotel you dont ask the rent for a whole year. Similarly the concept of “annualized” interest rate doesn’t make sense when short terms loans are considered. And also the ease of availability makes them a very good option for emergencies.

]]> By: faxless paydayloans http://www.accumulatingmoney.com/the-truth-about-payday-loans/comment-page-1/#comment-42697 faxless paydayloans Wed, 20 Aug 2008 04:21:13 +0000 http://www.accumulatingmoney.com/the-truth-about-payday-loans/#comment-42697 Faxless payday loans or cash advance loans are one of the more frequently used ways to get emergency cash until the next payday. It is also known as instant cash advance and is very easy to apply for. Faxless payday loans or cash advance loans are one of the more frequently used ways to get emergency cash until the next payday. It is also known as instant cash advance and is very easy to apply for.

]]> By: Jeff Clair http://www.accumulatingmoney.com/the-truth-about-payday-loans/comment-page-1/#comment-36875 Jeff Clair Thu, 29 May 2008 06:33:55 +0000 http://www.accumulatingmoney.com/the-truth-about-payday-loans/#comment-36875 Clint, you come up with very useful information. You have revealed the exact pros and cons of payday loans from every possible angle by providing real examples. I also feel that we should only avail the payday loans when absolutely necessary, otherwise it would be better if we try to avoid them as much as possible. Jeff Clair Clint, you come up with very useful information.

You have revealed the exact pros and cons of payday loans from every possible angle by providing real examples. I also feel that we should only avail the payday loans when absolutely necessary, otherwise it would be better if we try to avoid them as much as possible.

Jeff Clair

]]> By: John Wilks http://www.accumulatingmoney.com/the-truth-about-payday-loans/comment-page-1/#comment-12502 John Wilks Fri, 27 Apr 2007 17:18:19 +0000 http://www.accumulatingmoney.com/the-truth-about-payday-loans/#comment-12502 Great job on that post. Payday loans are the next horrible thing to hit this world. Same with car title loans or house title loans. If anyone is considering these types of loans I would strongly suggest looking at Prosper.com. You dont get the money as fast, but you can get more and make payments to pay it off in 3 years. Also interest rates will be lower and you would be supporting the PF/Prosper blogosphere. -John Great job on that post. Payday loans are the next horrible thing to hit this world. Same with car title loans or house title loans.

If anyone is considering these types of loans I would strongly suggest looking at Prosper.com. You dont get the money as fast, but you can get more and make payments to pay it off in 3 years. Also interest rates will be lower and you would be supporting the PF/Prosper blogosphere.

-John

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