My Online Journey

In some areas of the country they are trying to ban payday loan stores, citing predatory practices and unfair interest rates. These places have clearly listed their rates, as high as they are, on paper and listed in signed contracts. Opponents of the proposed law banning payday loans say that the extra fees are better than not getting money for a needed car repair, a bill that must be paid (electric, gas) or bouncing a check because the money was not in the account. What’s your take on these places. Explain your position.

We are desperately waiting for a re-enlistment bonus we are expecting but in the meantime need a quick loan to get us by for somethings that have come up. Payday loans dont seem to help those in the military anymore and I know payday loans are not a good idea but we also know we will only use this until the bonus comes thru . Anyone know where we can get a quick guaranteed loan for personnel in the reserves?

I have a payday loan for 300 dollars my balance is 390. I just paid the 90 dollar minimum and the balance is still at 390. Do I have to pay the loan off in full to get rid of it?

I have fallen into this payday loan hole, and I can seem to get myself out. What would be the best solution to pay them off fast, if I don’t have the money. Should I try and get a personal loan?

How do payday loan places prey on the poor? How do they keep people trapped in an endless cycle? What makes people use pay day loan places to begin with?