Cash advance loans
Posted 03-10-2009 at 10:52 PM by tammyjk
How do you the cash advance loans to pay their credit? I did one, was approved and did not get credit so I had to do another offer. They have not sent me a confirmation e-mail either.
Total Comments 4
Comments
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Don't do the cash advance loans. They charge 20-30% interest. If you borrow $100, you have to give them back $130. It's not worth it.
Put in for an MCR if you don't get credit. Even if the offer says "No MCR," it doesn't hurt to ask what's going on, especially if you've been charged for it.
And stay away from payday loans!Posted 03-10-2009 at 11:16 PM by kimbari
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Thanks for the advice. I have considered those loans also. Be careful.Posted 03-10-2009 at 11:20 PM by Green Arrow5
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Those offers can be such traps. They do charge ridiculous interest rates. But always put in a MCR and see the outcome of that before doing another offer in its place. That way you don't do more offers than you need to :-)Posted 03-10-2009 at 11:23 PM by tinybajan621
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I read somewhere that the payday loans hardly ever credit. I would put in an MCR like kimbari suggested.Posted 03-11-2009 at 12:19 AM by lieraonig
