When money get tight, do you think that everything is a financial emergency? In this day and age, it’s easy to do so, and it’s also easy to be in denial that there is another way out. If you get real about your financial issue, however, you might realize that you don’t necessarily need an emergency cash loan in that instance. If you do still need a payday loan, then they are out there.
It really does matter how much you need to borrow. The interest on these loans is so high that loans for larger amounts of money are going to cost you a ton. I was just writing an article earlier about how much one company told me I would have to pay back in full for a 1,000 dollar loan. I literally could not believe what I saw and what I was told. It was a horrible figure that literally almost made me sick to my stomach.
I’m not sure that type of loan would have ever fit my budget, but it shouldn’t be fitting anyone’s budget. I guess if you need a grand that bad for one reason or another and make a considerable amount of money more than I do, you might say otherwise. They were trying to make me give them almost 20 percent of my salary over the next year just to get that loan.
What’s really funny is while they had me squirming, coming to terms with what I was seeing and making my decision, they came back on the line and told me that I wasn’t approved. I thought that was the funniest thing I’ve ever heard. They want to saddle people with that type of loan, but they’re still going to be picky. I’d rather find an emergency cash loan somewhere else.