What is a payday loan?

[ghost]

A payday loan is a short term, usually high repayment, way of borrowing money. What do you think about payday loans? Do you think they are a good idea or not?

[Martin]

Usually extortionate rates of interest, they definitely are the type of loans that really prey on people who need a little bit of extra cash. However, if you have the need for one you don't really have any other option. But my advice is to avoid them as much as you can.

[Itsmenermin]

Usually extortionate rates of interest, they definitely are the type of loans that really prey on people who need a little bit of extra cash. However, if you have the need for one you don't really have any other option. But my advice is to avoid them as much as you can.

Hmm. It sounds interesting but risky at the same time I guess.

[whitesno]

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[whitesno]

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[whitesno]

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[whitesno]

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