Are you going through a short term cash crunch and are planning to opt for payday loans? Before you consider using them, view this video about the drawbacks and the pitfalls of payday loans. Get an insight into different types of payday loans, how they work and what harm can they cause to your financial health.
Channel: Howto & Style Uploaded: July 6, 2007 at 9:01 pm Author:pollyj07
shyguy0252002(Friday 12th of September 2008 11:45:32 AM)
what about the predatory lending of banks? What is the APR on a bank overdraft? What about Utility companies? What is the APR on a late fee? Credit Card Companies? They have been getting away with it for years. PaydayLoan companies are nothing compared to Utilities, banks and credit card companies.
I am considering getting in the payday loan business. However with all theses complaints, and countless states wanting to take action against them, I am getting skeptical. But I don't understand why the industry is cutting its own throat. If they continue the way they are going they will be stifled out of business by government regulation.
Come on guys, clean up your act before the government does. Maybe they feel that the end is near and they need to make their money now.
astrolifter(Saturday 26th of July 2008 01:04:14 AM)
Get into the industry, I'll be happy to take your money and not pay it back you greedy scum.
I enquired about this in Australia but the money come out of America at a rate of 75% on a $250 loan, what wanker would do this.
Ehsona(Wednesday 6th of February 2008 03:41:14 AM)
someone who was in dire need, disabled, facing life on the streets or death without medication...have a heart, my government is cruel, i did not choose to be born here!
