little miss innocent needs cash

Philippines
February 6, 2010 5:22am CST
Are you familiar with PAYDAY LOANS at 10%? I'm in financial need and they said it could help. WHat is this really and how does it works? What do i need to prepare? And could this really help me?
1 response
@towongfoo27 (2989)
• United States
6 Feb 10
I would not ever go for a paypday loan, unless absolutely necessary. I also have not heard of any payday loan being only at 10%. Payday loans are usually much higher, and it is not worth it to pay that much. They will probably do a credit score check, and call your financial institution to verify. It depends upon which payday loan service you are offered, because some payday loan businesses require more to verify you and your standing in finances than others, too. I would do my homework before jumping into any financial committment, especially if I wasn't sure how to proceed. You don't want to be caught unawares by the risks inherent of payday loans is all I'm saying. I just think in the long run, you will end up paying more than you bargained for.
• Philippines
6 Feb 10
hi. thanks for that. anyway, do u have any suggestions or references to get loan or some lending institution?