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PAYDAY LOANS I need money urgently.

dakota3freeman
New Member

PAYDAY LOANS I need money urgently.

I want to use payday loans. What is the normal rate?

Message 1 of 35
34 REPLIES 34
Songburd18
Frequent Contributor

Re: PAYDAY LOANS I need money urgently.

Please do not get into the payday loan chain. It took me years to get out.  And they charge you up the ass. Are there any alternative methods you can use. And how much do you need?

As of 6/30/2017 - EQ:598 TU:589 EX:645 GOAL:750 All around the board
In the Garden since 12/16/2016~ Gardening until 7/1/2018

"You will receive better cards as your profile improves and any baddies fall off. It's just a process like climbing stairs. As your profile improves, you are able to go to the next level of cards. - baller4life
Message 2 of 35
doinit1
Valued Contributor

Re: PAYDAY LOANS I need money urgently.

400% APR...don't do it...you'll be sorry...Smiley Wink

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Mortgage May 2017 - 2 auto loans (1 PenFed and 1 Navy) Aug 2018=98K
Gardening until June 2021

FICO 8 Scores EX 700 EQ 696 TU 703
AAOA 5.2yrs TCL=268,700
Message 3 of 35
ABCD2199
Senior Contributor

Re: PAYDAY LOANS I need money urgently.

Message 4 of 35
dakota3freeman
New Member

Re: PAYDAY LOANS I need money urgently.

400% is too much! I have found from 200%. I need $ 800 for 2 months. Overpayment will be 200% / 12months / 100% X $ 800 X 2 = 266.6666  I am right?

 

 

Message 5 of 35
ABCD2199
Senior Contributor

Re: PAYDAY LOANS I need money urgently.

That website discloses "The range for APRs is between 200% to 1386%."


1386% ouch.

 

Why do you need $800 so desperately?  Can you sell some items you don't absolutely need?  TV, video games, etc?

Message 6 of 35
Aduke1122
Senior Contributor

Re: PAYDAY LOANS I need money urgently.

Op plz consider other options if you have them, anything else is better than payday loans
Message 7 of 35
Creditplz
Valued Contributor

Re: PAYDAY LOANS I need money urgently.

Wow if I could lend you $800 at even 100% believe me I would... but I'd highly recommend you not go this route.
Message 8 of 35
donny10
Senior Contributor

Re: PAYDAY LOANS I need money urgently.


@dakota3freeman wrote:

I want to use payday loans. What is the normal rate?


OP, do what you gotta do! Just make sure you are very clear what you are committing to. Make sure you understand the terms and conditions.

Message 9 of 35
donny10
Senior Contributor

Re: PAYDAY LOANS I need money urgently.


@dakota3freeman wrote:

400% is too much! I have found from 200% . I need $ 800 for 2 months. Overpayment will be 200% / 12months / 100% X $ 800 X 2 = 266.6666  I am right?


Hmm, do you work for them?

Message 10 of 35
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