Wednesday, November 07, 2007

Short term loans

I've never taken a payday loan, but I know quite a few people that have. I was surprised when I found out one of my coworkers took one. He makes a decent salary but said he always found himself short of cash. He got one of those No Fax Payday Loans. He said he could get up to $1500 and the money was deposited to his checking account. So there is no waiting for checks and having them clear. The money was immediately available.

He got the money he needed to get him through his short term cash crunch.

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