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Channel: Tackling Our Debt - Discussions on Getting The Lowdown On A Payday Loan
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pauline on July 18, 2013, 6:08 p.m.

If you have no other choice, they can take you out of trouble and avoid damaging your credit to cover outstanding bills and mortgage. Although if it is just short term you could use your overdraft...

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Tom Jamieson on July 18, 2013, 6:04 p.m.

While your points are well presented and are definitely good advice, it is unfortunate that many people are not treating these loans the way you describe. Payday loans have a very high interest rate...

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Apollo on July 18, 2013, 12:32 p.m.

I think those loans are terrible and an unfortunate effect of the financial crisis and high consumer loans. It is like a rat race and once you take one you could be stuck with them every single month....

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