The Expert answers:

What type of loan are you looking for? Frankly, looking for a lender online is not a good idea. There so many scammers out there preying on folks with bad credit. You really are better off going to a local bank or credit union. You may not qualify for a loan but at least you won’t be paying up front money to a scammer or exposing your personal info to ID theft.

The Expert answers:

I am sorry to see you in this shape, but doubt that there any “other” ways to get the loan you need unless you have a friend you can get it from.

I told everyone that this war would break America.

Now, You smart mouth bankers that will run your mouth about this girl now, I will bust your chops in a few months when you are homeless and walking the streets. You morons depend on people paying their bills for your pay. When you quit helping them, you job goes away!

Wake up before there is no america to wake up to.

Dear, you need to get out from under all that debt as quick as you can and get ready for the likes of the great depression.

It is only going to get worse as the Dollar collapses and the price of OIL climbs.

Bad foreign policy, bad politics, and bad leaders telling lies has come home to roost.

Now we all have to pay the piper as the Elite enjoy the largest profit margins in history.

The Expert answers:

Check out prosper.com, it is exactly for that sort of thing and seems to be a better alternative to the payday and title loans

The Expert answers:

If you have a bad credit history still the loan market place is full of lenders who are ever willing to offer you a fresh loan. But you should be meeting some conditions laid down by the lenders. Loans for bad credit people are in fact easier to get then they were ever before, thanks mainly to cut-throat competition amongst the lenders. Lenders are giving loans to the bad credit people who have late payments, payment defaults, arrears, county court judgments or any credit problems. These loans are available for any purpose like home improvements, purchasing a new or used car of your choice, for wedding and holiday tour, debt consolidation or for paying child’s tuition fees.

Every lender in approving loans surely likes to see if the bad credit borrower has sufficient capacity to repay the loan in timely manner. If the borrower earns well, has regular bank balance, has been an employee for some years and has a convincing loan repayment plan in place, then the lenders do not usually hesitate much. So ensure that you have adequate repaying capacity before applying for a loan. Also, you should first check your credit report for any errors. If your credit score is too low then you would be charged a very high rate of interest. So it is advisable to first pay off some easy debts to improved credit score and then you should apply for loan at better rates.

Http://loan–house.blogspot.com/2008/03/bad-credit-loans.html

The Expert answers:

The best payday loan is NO payday loan. They charge exorbitant rates of interest. It ends up costing you far more than you initially borrowed.

If you’re just looking for cash for Christmas, you’d be exceedingly stupid to use a pay day loan. That is the worst kind of loan and a great way to ruin your finances next year. Don’t get one. They are predatory and are only out to screw you. They offer you a loan of $100, but it might cost upwards of $2000 to repay it. Is $100 right now really worth $2000 down the track? Of course not.

If you need fast cash, sell some stuff in the newspaper classifieds or on Ebay. Have a garage sale. Apply for a credit card and use that. Even taking cash advances on a credit card (which is charged a ridiculous amount in interest) is better than taking a payday loan, because there are laws to control how much interest a credit card company charges. There are probably banks that will offer you a credit card, probably with a high rate of interest. That is your best option if you want to go into debt for Christmas. Try going to your bank and arranging an overdraft. Try going into a store that offers a ‘store credit card’ and see if you can get a temporary shopping card. I work in a department store and we offer them. All those options would be far better for you (and ultimately, your credit rating) than a payday loan.

How much do you actually need? Is there something you could go without or avoid paying to cover the temporary expense? Can you ask for a wage advance from your employer?

Best wishes

The Expert answers:

Http://www.orbitbusinessloans.com/
http://orbitmerchantsolutions.com/

The Expert answers:

Sorry to burst your bubble but you won’t get your loan(s).

The Expert answers:

Check below site for legit online payday loans.

Http://payday-loan.we.bs/

The Expert answers:

If that’s the law in arizona, yes, they can prosecute you and send you to jail, and also you can get your wages garnished if they sue you and win the judgment.

The Expert answers:

The government I guess who would thought huh

The Expert answers:

You don’t want much do you? No such thing as low fees for that type of rip off loan

The Expert answers:

No, that would be scary to have researched something like that in case you got desperate.

The Expert answers:

Don’t trust any.

The Expert answers:

Do not get the online payday loans. If you have to get a payday loan, at least go to one where you walk in a store and talk to the people who run it.

They do not run your credit, they go by how much you make in a pay period. The most they can lend is $425, and you will have to pay back $500. You will have to bring in your paycheck stubs, check book, a utility bill with your name and address on it, drivers license, possibly your SSN card and a pint of blood (ok, that last part was just being funny)

They will charge close to 400% interest on the loan, and a lot of people find themselves in a revolving cycle of just renewing the loan and paying the fee or interest. They are very difficult to get out from under.

Do not do this if you cannot get it paid off in the time frame of a month. Otherwise, you are going to get sucked into the cycle.

The ones on the internet tend to debit your checking account on the day the loan is due, and if it isn’t in there, you get slammed with not only overdraft from your bank but fees from the payday loan.

Also, the ones you go to in person, you have to pay them back in cash..they do not cash your check. (unless you don’t show up to pay them..LOL)

Also, be aware that in some states, Payday loans are illegal, and if you are in the military you can no longer get a payday loan.

The Expert answers:

Oh, they’re all real. The payday loan business is almost more profitable than drug dealing, who wouldn’t want to be a real lender?

The money they lend you is real, and so are the phenomenally high interest they charge. That’s the most real part of all.

Are you absolutely, 100%, no-doubt-about-it, completely and entirely CERTAIN that you will be able to pay back the loan? You better be. Because if you don’t, you will end up owing thousands of dollars before you can blink an eye.

The Expert answers:

I don’t think the reason that payday loan office didn’t asked to check your credit before giving you the cash advances was because they knew you. Most all payday loans, or cash advance, services do not require credit checks. You mostly have to prove your identity and that you have the ability to repay it.

Payday loans get a lot of criticism mainly because people always unfairly compare them to regular loans like you would get at a bank. Those are set up with monthly payments installments that you pay back over time. A payday loan is exactly as it sounds “Hey loan me a few dollars until my next pay”. Which means in about 7 to 14 days later the full amount that you borrowed, plus the fee, must be paid back. So, of course, if you compare the two then the payday loan interest rate will appear extremely high. Many people say that comparing cash advance payday loans to regular traditional installment loans is apple and oranges. But I feel since they are actually both loans it more like comparing oranges to a grapefruit.

But that was my little rant I needed to get off my chest. The truth is there is the potential for a lot of people to get in trouble with payday loans because they misuse them, keep renewing them, and become dependent on them. However when cash advances are use only as they are intended, like for emergencies (the car breaks down, the ac goes out, etc) they are an absolute life saver.

I’ve needed to use them in the past. My car actually did break down. I didn’t have any other way to get to work. I could not afford to miss any more days. So I feel the payday loan very much help me keep my job. But I paid it off… And I didn’t go back and get another one next week.

Ryan M’s response is not helpful at all. It isn’t even an answer. So he’s on the wrong forum. I think we all already know there are better options (for those that can get them) and payday loans are kind of a last resort.

So far Kristin Chapman has the best answer.

The main difference between getting a payday loan online vs. Walking into a business is, of course, convenience. And you will have to give them your banking information. Because all of the online payday loan companies I’ve checked out will deposit the money directly in your account. And on the date it is due, they will draft the money directly out of your account. They will contact you by phone first. They will give you all the necessary information. Including the exact date, and the exact amount, you need to have in your account to repay it. Then you make the decision whether, or not, to accept the cash advance.

This web page helped me a lot. It explains everything, and has a link to submit an application if you choose to:

<a http://www.badcreditassistance.com/payday_loans.html

The Expert answers:

The law forbids payday loan lenders from initiating or threatening a criminal prosecution against you or from collecting the treble damages that might otherwise be payable pursuant to the Civil Code for a dishonored check. They do reserve the right to collect delinquent loans using all legal remedies available including legal debt collection and civil court action. This is the most legal action they can take against you, it will take them months to take you to civil court, and another month or two to garnish your wages, if ever.

The Expert answers:

Www.cashnetusa.com

They are really reliable. I have used them before, and not only are they reputable, but they are quick and it’s easy to access your account online. No faxing, just cash in your account.

The Expert answers:

Most payday loan companies are not licensed or heavily regulated – it really depends which state you live in.

However, you did sign a contract with the company and they can ruin your credit – which means higher credit card interest rates, no car loan and no mortgages.

They can also take you to court and try and get your possesions and/or bank accounts.

Pay them back and never use them again – they are just loan sharks!

The Expert answers:

Payday loans are a bad idea anywhere, because they are so expensive. Resist them, no matter what.

The Expert answers:

Hi
If you looking for a legitimate online loans in 1 Hour.once approved your loan will be transferred directly to your checking account promptly, and securely. Now you’ll be able to use the cash for all your necessities.

Http://bestpaydayloancompanies.com

• 100% secure and processing
• No faxing -No credit check
• Immediate online approval
• Excellent customer service
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Good luck!..

The Expert answers:

Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.

Http://payday-loan.we.bs/

The Expert answers:

Sometimes it’s just because you have an emergency and need immediate money. My cousin fell into this trap and him and his wife are in debt now. Those payday companies are ridiculous.

The Expert answers:

Impossible. You’re better off taking a cash advance from your credit card than dealing with those payday loan creeps.

The Expert answers:

Hello Everybody,

I am Mr,William Justin a private lender that has been approve by the Government and has been giving out loans for the past 15yrs,i give out loans at a low interest rate of 2% and my loans are guarantee to your bank account within 48hrs of banking upon accepting to transfer the loan to you,you can contact me via williamjustinloancompany@yahoo.com
We look forward to be of a good service and a good business partners to you,hurry now to get your long desire achieved.

The Expert answers:

I would bet you will not get your money until monday because normally banks do not post money received after 3 pm friday till monday!!!

The Expert answers:

(crickets chirping)

There are none.

The Expert answers:

Check for Oakam

The Expert answers:

File for bankruptcy. You will get the pressure from them stating your credit history will be ruined, never be able to buy a house, etc. Do not be fooled by that. Bankruptcy will force you to straighten up your finances. Be aware though that, after bankruptcy, you will get offers from everyone and anyone to re-establish your credit history. TEAR UP AND THROW THOSE OFFERS AWAY! You will be back on your feet in a few years if you keep your finances on the straight and narrow .

The Expert answers:

Deliver pizzas, you will get tips cash daily. Easy to make 200-400 week working part-time. Stop using payday lenders. Also, talk to your landlord, if you are a good tenant, they may give you some extra time.

The Expert answers:

First of all you should never agree to anything over the phone and never before you’ve seen your actual debt in writing

What I would first do is call Check and Go and ask if you pay them directly if they will call of the collections agency – because would you rather pay back $150 or $935

If they don’t agree, then if the person calls you again say that you do not recognise the $935 debt and per the Fair Debt Collections Act you are requesting proof of the debt be mailed to your home address within 30 days by certified mail and that all future communication will be in writing only

They also cannot threaten you with court papers over the phone if you don’t pay up by Friday – they are breaking the law if they do this under the Fair Debt Collections Act

Do not call them again – look up their registered business address and send them a certified letter that requires a signature upon delivery and you keep a copy of the letter and delivery confirmation. Say that “I do not acknowledge the $935 debt. Per the Fair Debt Collections Act I am requesting proof of this debt be sent to my home address within the next 30 days. I am also demanding that you not call me again and that all communication will be by mail” and sign and date it.

Until you get this proof in writing do not pay anything or agree to pay anything.

The Expert answers:

IF YOU WANT A LOAN I SUGGEST CHECKING THIS SITE OUT

http://www.zopa.com/ZopaWeb/

THIS IS A SITE WHERE YOU CAN BORROW MONEY FROM PEOPLE, TAKING THE BANK OUT, SO YOU FIND YOUR IDEAL LOAN AND ASK THE PERSON WILLING TO LEND IT

The Expert answers:

Yes hock everything you own — starting with the computer and pay these off!!! Eat nothing but peanut butter and jelly — and do with out a/c — once out of debt you will realize what it took to get out of debt and you will think twice before over spending in the future!!!

The Expert answers:

If you start that, you will soon be bankrupt. They will probably take about 40% of your money if you do what you said.

The Expert answers:

Please, please, PLEASE whatever you do…DO NOT take out another loan to pay off payday loans! You cannot get yourself out of debt by creating more debt!

Most of those “payday loan consolidation” places are a scam created by the very same predatory payday lenders themselves! You will find that they will not only take your money, but none of your payday loans will be paid off and you will end up in even worse financial condition.

I, too, was caught in the multiple payday loan cycle for 2 years. The best thing you can do to get yourself off the payday loan treadmill is to close your bank account and start all over. Go to a completely different bank, open a new account, and switch your direct deposit to your new bank BEFORE the next cycle of payday loan debits start hitting. Also close the bank account before those payday loan debits so that you don’t face NSF charges from your bank. If you can’t get a new bank account, then just switch to live paychecks until you clean up your credit…check cashing fees would still be far less then what you are paying in bogus 400% annual interest charges to payday loan sharks. You will begin to think more clearly and rationally once you have actual control over your WHOLE paycheck. Send letters to each of the payday lenders revoking any wage assignments, ach authorizations, etc. Most importantly, don’t ever give out your new bank account info to a payday loan company again…under any circumstances. Find out if the payday lenders are even legal in your state and study your local payday loan laws to see what your consumer rights are. Don’t worry about closing your account and walking away from this mess temporarily…in most states, you cannot be prosecuted for unsecured debt. The most they can do is call and harass the crap out of you. Don’t listen to their threats…they are all empty and they know they can’t do anything to you. Once you get your money back in your hands, you re-gain the control back from them. You can set payment plans with them on your terms. Make a vow to yourself to never, under any circumstances, allow anyone else to control your money/livelyhood ever again.

Visit the forums at http://www.debtconsolidationcare.com/ to get completely free help, advice, letter templates, and contact info from others who have suffered with the same financial stress you are going thru.

Best of luck to you! Stay strong and stand your ground!

The Expert answers:

You took it out …A lie wont make it go away

The Expert answers:

Very bad idea. The interest rate is 300%+. And they have complete access to your checking account.

Do anything else to get by — collect alum cans, mow lawns, pawn something. Just don’t bury yourself with payday loans.

The Expert answers:

Payday loans should be used with caution. If you are having difficulties paying bill(s), phone the lender to change the date of direct debit or extend the loan period, but do talk to them.
With payday loans, you are just getting more into debt the more you use them- sometimes, a quick solution isn’t the best solution.

The Expert answers:

Getting a payday loan is a good idea, but you have to meet the following requirements

-Have a steady source of income
-Must have an active checking account
-Make at least a $1000 per month

Make sure you pay the loan off as soon as your paycheck comes in. Do not procrastinate and you
will have a good experience.

The Expert answers:

The collector is attempting to get you to be stupid. If you had the money to buy the prepaid card, you could just pay them. 99.9% of everything out of a collector’s mouth is designed to scare you and has no regard for truth.