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Are payday loans safe?

Question: Are payday loans safe?

(Posted by: Nina on 2010-06-29 08:40:33)


Answers:

Posted by: Whisper on 2010-06-29, 08:49:09

For keeping your money in, or from local robberies? They DO charge a lot!

  

Posted by: spidergoat2 on 2010-06-29, 08:50:33

NO!!!! You would be better off finding a mafia guy to get money from. The interest rates are way over 200%. A woman I used to work with put her car title up for a quick loan. She got behind in the payments and they took her car. Then she couldn't get to work so she lost her job. These loans are evil. Stay away.

  

Posted by: John Deere 4620 on 2010-06-29, 09:19:14

"safe " from what? "prudent "? Absolutely not.

  

Posted by: wizjp on 2010-06-29, 10:27:50

Well..they don't kill the person who doesn't pay.... no, not safe.

  

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