Pay Day Cash Advance - Nationwide, USA Reviews

      Thinking back a year ago, I remember being in a little financial pinch. I got on the Internet and put payday loan in my search engine. I was instantly connected to probably over 10,000 sites that i could apply for. I of course did not pick the top one for i never do. I think i chose the third or forth. The application was simple and so quick. But i never got an answer or that instant loan or nothing so what did i do. Well i needed the money so I thought lets do another one. This one says I was not approved so I tried just one more. Well this one finally went through. I had asked for...

The biggest risk of payday loans is getting into a cycle of paying off the loan when you get paid and then having to borrow again that same week to get through the week. These payday loan companies prey on the average middle-class paycheck to paycheck consumer.

The interest rates are outrageous and once you get into a borrowing cycle, it is very difficult to get out of it. I have known people who have gotten into a cycle with more than one company, using the money from one to pay off the other in order to use their paycheck to live on. But the fees add up and eventually it will catch up to you.

I have to agree with many others, unless you are in a HUGE mess and desperate for funds immediately and don't have another way to get the funds, stay clear of "pay day loans". The interest rate charged, late fees and other "fees" are outrageous if not paid in full on the first due date. Which is how I have always paid them to keep the fees down. ALSO...be leary of "paydayselect". I had an account with them and was signed up for an identity theft program that was to keep people from getting my information and taking money from me...at the same time this company was debiting my checking account...

PLACES LIKE PAY DAY ADVANCE AND OTHER PLACES THAT LOAN MONEY UNTIL YOU GET GET PAID ARE NOTHING BUT A BIG RIP OFF. THESE PLACES CHARGE YOU SO MUCH MORE MONEY AND INTEREST FOR LOANING YOU MONEY UNTIL YOUR PAYDAY, OR UNTIL YOU CAN PAY THEM BACK THAT YOU END UP PAYING THEM PROBABLY DOUBLE OR TRIPLE OF WHAT YOU BORROW. YOU WOULD BE SO MUCH BETTER OFF IF YOU AVOID THESE PLACES, AND TRY TO BUDGET YOUR MONEY AND MAKE IT UNTIL YOU GET PAID. I'M TELLING YOU, THESE PLACES ARE OUT TO RIP PEOPLE OFF!!

people who are low income are face with a choice to feed there families or bill and have no choice to get a loan which leads in to debt you  pay your loan back and you are forced to get another lone a few days later and repeat the loan process over and thats why loans are stupid