Payday Loans
Loading...
Link to this comment:
Top Comments
All Comments (31)
-
Payday Loans = cycle of hell, no matter who you are!
-
Westernunionhack.blogspot.com visit us now to see what we can offer !
-
If you use them responsibly and only take them as a last resort, they can really help a person with nowhere else to turn out of a jam.
-
is this the same as payment-in-kind (PIK) loans?
-
Can you do a video about loan sharking?
-
@fothpima yea, but one dose of heroin or one cigarette probably won't kill you either. Payday loans are one of those things it's best not to touch to begin with.
-
@FortNikitaBullion Thats where you are making an assumption about the circumstance for which I think there is some benefit for doing the payday loan. I agree people do get into bad situations, but the intent of my coment was to say if it is a one time deal and not a continuous money problem then this would make financial sense (if money was not going to be there in the future than other alternatives should be investigated).
-
@fothpima I disagree that the $25 interest is better than the $35 late fee. A late fee generally is due once. Most people will take a payday loan over and over and over. If you find yourself in a bind without a loan due, how can you live AFTER paying the loan?
-
@FortNikitaBullion But if that "odd" job is not an option (or selling something) this still gives people an option to not be late on a bill in an emergency (I personally would avoid this like I said before - it is just not that simple in all cases to do what you said, so a small plus for their existence ... and I do mean small).
9:40Renting vs. Buying a homeby khanacademy178,821 views
Featured Video- 6:31More on Nash Equilibriumby khanacademy2,529 views
- 9:21Prisoners' Dilemma and Nash Equilibriumby khanacademy1,785 views
- 8:26Oligopolies, Duopolies, Collusion, and Cartelsby khanacademy797 views
- 8:54Monopolistic Competition and Long-Run Economic ...by khanacademy422 views
- 7:26ABC 20/20 - College is a Rip Offby ZeekerBolero5176,203 views
- 13:42Traditional IRAsby khanacademy14,892 views
- 0:33Mogo's 20 Seconds of Senseless Pain - Payday Lo...by mogomoneyonthego5,799 views
- 4:40Payday loan trapby consolidationloans2,568 views
- 0:22Instant Cash Payday Loans - Best And Quick Payd...by eddyjohns2,596 views
- 10:04Compound Interest and e (part 3)by khanacademy40,714 views
- 20:27Salman Khan talk at TED 2011 (from ted.com)by khanacademy1,465,849 views
- 2:17Payday Loans Onlineby motomation2838 views
- 2:15PayDay Loan Treeby DeepakMediaVids1,335 views
- 6:00Payday Lending- A 400% Interest Debt Trapby CRLvideos2,828 views
- 5:24Question: Are Payday Loan Advances Really Expen...by financial200811190 views
- 2:29The Many Alternatives To Payday Loansby delana70888147 views
- 9:17401(k)sby khanacademy18,666 views
- 7:30Annual Percentage Rate (APR) and Effective APRby khanacademy18,530 views
- 2:25Money Mart Online Payday Loans - Canadaby MoneyMartVideo533 views
Somebody used my name and address to take out a payday loan, however they made a tiny mistake with my details. payday loan STILL gave them the loan and then wanted ME to pay it back.
LOL
I had to contact the FSA to get them off my back.
LISTEN PEOPLE - STAY THE HELL AWAY FROM PAYDAY LOANS. THEY THRIVE ON OTHER PEOPLES SUFFERING. FACT.
StarSeeker5000 1 year ago 9
stay away from payday loans.
bomberfun1 1 year ago 8