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loans? need a quick answer ...

What r the loans called u usually find on the internet or get in the mail,where they dnt do credit checks,just need to have a job?

 
Anonymous

Asked by Anonymous at 3:12 PM on Aug. 4, 2009 in Money & Work

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Answers (5)
  • a payday loan. however the interest is awful, then to top it off it usually has to be paid in about 30 days. so if you get a $400 loan to cover bills, next month you'll have to pay out that $400 plus whatever regular bills you have. not something i'd recommend to anyone, i have made the mistake of getting one before, it was only $250 but when paycheck time rolled around i had to fork out the $250 plus about $45 interest, so then was struggling for about 2 months to catch up on what i wasn't able to take care of b/c i had to pay the loan back.
    vabchmommy

    Answer by vabchmommy at 3:16 PM on Aug. 4, 2009

  • pay day loans ?
    Anonymous

    Answer by Anonymous at 3:14 PM on Aug. 4, 2009

  • they are called stupid and a major rip off
    mamakirs

    Answer by mamakirs at 3:21 PM on Aug. 4, 2009

  • Mamkirs: lol I kno. Its for a friend,I told him over and over they are bad. (My sister got 2 b4 n told me how they are) but he won't budge,its wat he wants to do..so I told him I'd look up wat they're called lol
    Anonymous

    Answer by Anonymous at 3:28 PM on Aug. 4, 2009

  • whew I am glad you laughed. After I posted that I thought maybe the OP would read it as I was saying SHE was stupid...glad it came out like it did. I would discourage ANYTHING to do with payday loans...
    mamakirs

    Answer by mamakirs at 3:30 PM on Aug. 4, 2009

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