Payday loans Informative - Screwed

Review by nana8karen)_1 on 2011-09-11
Payday loan apps. Too many, too much personal info and guess what your name, etc is sold to colleges, auto loans, hooverround, etc, etc. Please someone is making money, big time money. They use your info to make money and you just keepuing running around like a dog chasing its tail. There has to be a special place in hell for them!!!
Comments:2 Replies - Latest reply on 2011-09-11
Posted by T on 2011-09-11:
There is a much more obvious and better reason not to use a payday loan. That is the obvious cost. I seem to recall effective interest rates of 300, 400 500%.

Selling your personal information is adding insult to injury.
Posted by Skye on 2011-09-11:
This is why you should avoid places like this, but then again, they serve a purpose for those who cannot get bank loans, or just need some help until payday.

They provide a service and are there for those who need them.

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