Are 1 hour payday loans a scam Any experiences?

1 Answer

Answer :

They're not "scams" in that you'll actually get a loan at the rates stated, but the effective APR is usurious, usually 200%-1000%. No responsible person should take out a payday loan.

Related questions

Description : What are the pros and cons of short term payday loans?

Last Answer : Pay day loans have become so popular because you can get your money even before its been paid to you. The downfall is that there are fees for this service and if you do not repay the loan on ... of absolute necessity as they come with fees that can reduce your ability to pay your next set of bills.

Description : Where can I get payday loans online?

Last Answer : Payday loans online are delivered through various sites and are easy to trust since they pay directly to your online account. You can get paid through several payday loan sites.

Description : Which websites carry information on instant payday loans?

Last Answer : There is a variety of online sites that offer instant payday loans. There are also a number of sites that offer information on instant payday loans such as the Wikipedia site.

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Last Answer : You're most likely not going to get a low interest rate on a payday loan. The best companies for these loans are www.clicknloan.com/ and www.cashadvance.com/.

Description : Where and how do you apply for payday loans?

Last Answer : Payday loans can be found at retail stores that specialize in payday loans in most cities. For example, AMSCOT is a financial service company that does payday advances.

Description : What is the fastest way to pay off payday loans before they gain too much interest?

Last Answer : The fastest way to pay off a payday loan so the loan does not gain too much interest is to pay the loan in full before the due date. If you wait till the due date youll pay for every day it takes to pay the loan back youll pay intrest on that day.

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Last Answer : If you are looking for a place to receive payday loans you can go to Amscot. Amscot offers overnight payday loans and you can have your money quickly.

Description : is there a large fee in payday loans?

Last Answer : Yes, there is a large fee in payday loans, as these are instant loans without any credit checks. However, these fees average about 200% in annualized interest costs.

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Last Answer : Answers is the place to go to get the answers you need and to ask the questions you want

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Description : Does anyone know a good organization for Payday Loan Consolidation?

Last Answer : answer:First, you cannot rob Peter to pay Paul. payday loans are money-suckers. pardon my language, but you will get a better deal at a pawn shop. being behind on one payment makes it a penalty and you ... order to get caught-up in your payments. Scratch payday loans off your list. it's a no-no!

Description : Can a payday loan company garnish my wages? Also are they allowed to call my work and speak to other employees and tell them that I commited Fraud?

Last Answer : answer:When you took the loan, I'm sure you put your name on a contract. If you didn't meet the terms of that contract, they are allowed to try to claim their money. My rule of thumb ... a harassment claim, but that would likely cost you money to pursue. Still, most lawyers give free consultations.

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Last Answer : I have to make you bitter. Even if it wasn't out of sight of the Hungarians (there was news that they were doing it) somehow it was forgotten, and there was no downloadable Hungarian to play for the ... there was no capacity to keep up with the constant changes, and then they left it at that.     

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Last Answer : What are the pros and cons of a payday loan? the pros is you can get your loan quickly and do not need many credit, but the cons is that the interest is very high you should take attention to it

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Last Answer : “Can I get a payday advance if I am disabled and my sole source of income is Social Security Disability?”

Description : Where could I find a legitimate payday loan?

Last Answer : Some of the legitimate payday loan firms are ezmoney.com, andacecashexpress.com. They are easy to deal with.

Description : Where can I get a Christian payday loan?

Last Answer : Payday loans in a great opiton for those who are in need and in hard times. Christan Payday loans at www.paydayloanprayer.com an place that offers these loans.

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Last Answer : A cash till payday loan can get you fast money by advancing your next payday to the day you apply. Then your cash till payday loan get you the cash till payday ...

Description : What is the best payday loaner?

Last Answer : The payday loan company that is the best according to TopTen Review would be 100 Day Loans. You can review the ratings yourself at the following web address http://payday-loan-service-review.toptenreviews.com/

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