The ABCs of Payday Loans | Ramblings of an e-trader

Monday, 17 September 2007

The ABCs of Payday Loans

I have written a considerable number of posts on payday loans and received mixed reactions from my readers. Some think that payday loans are bad due to its snowballing interest rate should the lender be unable to meet the loan repayment schedule but some think that payday loans are a blessing to people who are faced with a sudden emergency.

If you have been thinking why I like writing about Payday loans, it s because that at one point in my life, my family was put through tremendous financial distress and thinking back, a payday loan would have been useful.

Today, I was told of a very useful payday loans resource site at http://www.paydayloansabc.com/. If you do not already know, there are many companies offering payday loans, or also known as cash advance. By using Payday Loans ABC as your main resource site, you will be guided to find the most suitable payday loan company to meet your needs.

Apart from this, you will also be able to read up-to-date articles and news on the current payday loan industry as well as link out to other related resource sites that may be useful to you if you wish to obtain further information.

Payday Loans ABC has very simply requirements to meet to qualify for payday loans. As a note of caution though, while it is true that interest rates could be exorbitant, it is up to us to do a thorough research in finding the company that could give us what we need at a reasonable rate. And lest you missed my earlier post, do always read the finer prints before signing on the dotted line.

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