How do u feel about those cash til payday loan places?

@disvachic (10121)
United States
November 1, 2006 10:56am CST
I use to deal with them but then I stopped those places charge a high interest fee and then they really get u by letting u reloan each payday making u pay that high fee.
5 responses
@movinstar (193)
• United States
2 Nov 06
Honestly I don't like them, but I was forced to use one on one occassion. I had no one else to turn to for the money, but I made it a point to pay it off really quick. That was the first, last, and only time I will be using that.
1 person likes this
@disvachic (10121)
• United States
2 Nov 06
I shouldve done that the first time.Its easy to fall for their trap when u need the money back thats why i dont mess with them anymore
@megs85 (3145)
• Australia
2 Nov 06
We have had so much trouble with those things. Its our own fault for falling into the trap in the first place and then perpetuating the cycle by renewing the loan each pay day. I almost think that it is unfair of them to target people who are obviously desperate for money but at the same time, we have gotten ourselves into this mess and shouldnt try to pass the blame. How bout you? What do you think? Have you had any experiences with such loans?
@disvachic (10121)
• United States
2 Nov 06
YES I GOT CAUGHT UP IN THEIR LITTLE TRAP TO BY RENEWING EVERY PAY DAY 2. I DONT EVEN DEAL WITH THEM ANYMORE.
@kesfylstra (1870)
• United States
2 Nov 06
I've never used one, thankfully. They are EVERYWHERE in my city, and they cater to the Navy population, which is really low of them. These poor 18/19 year old enlisted kids are in thousands of dollars of debt before they know what hit them! And to top it all off, the legislation refused to cap interest rates at like 36%. That would be the CAP! And they won't do it!
1 person likes this
@dollbaby (595)
• United States
2 Nov 06
I have to admit that I got myself into quite a bit of trouble with those places. At the time, it seemed like a good idea. I hate to even think of how much money they actually got from me. A small fortune I would guess.
@disvachic (10121)
• United States
2 Nov 06
THEY DO GET ALOT OF MONEY FROM US. THATS WHY IM GLAD I STOP DEALING WITH THOSE PLACES
@manzician (4734)
• India
2 Nov 06
I agree with u dude