Haven't we all been in tight money situations where we need some fast cash? Goodness knows I have.
I have been money stupid most of my life. I hope I am finally coming out of it. I am paying down debt and making more money, not using credit, so I am making progress and am so excited about it. I want to stay in that place.
I know people knock payday loans, but I have to admit that in some situations they may not be so bad. Like you are going to bounce a bunch of checks if you don't make a deposit. Now, I know you shouldn't be in that position anyway. You shouldn't have outstanding checks that you can't cover.
But we all know there are extenuating circumstances from time to time. Maybe it is better to pay $30 interest on a $200 payday loan, then pay a couple of hundred dollars in overdraft fees? Maybe the better of two evils sometimes.
I hear that you can get payday loans online, which would make the process a lot easier. But better to get hold of your money and not need loans of any kind!
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