Saturday, November 24, 2007

Payday Loans: Good or Bad?

I don't know what you all think about Payday loans, but with the number of payday loan companies and stores around, there must obviously be a need for the service.

With recent legislation by states to control fees and term lengths, consumers have some protection from the bad places.

There is an online place that issues Payday loans that even offers a calculator to help you with the decision of taking out one of these short term loans. If one is taken out, all of the transactions go in your checking account for the deposit and out of it for payments on terms that both parties come to agree on.

So use this service wisely as the fees and balances can get large quickly!

Till next time.....

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