The Ugly Truth About Payday Loans!

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The Ugly Truth About Payday Loans!

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*GREAT VIDEO GUYS* Payday Loans are the ABSOLUTE WORST money decision you can make. Better to be late on your bills than take out a payday loan. A Finance Charge of $35.00 on a $200 Loan is not a big deal you THINK 🤔 until you hear that annually that’s a rate of 438% ... 438% ?!?!?! Use a credit card instead @ 17% APR ! GREAT VIDEO GUYS! 😎👍🏻

AverageJoeInvestor
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I got a call from a payday loan place one day I found out my daughter and her husband borrowed $300. From them she gave them my phone number she had missed several payments I explained to the loaning predator that they may have to wait to get their money my daughters husband was laid off a month ago or so the guy commence to tell me if I was any kind of a dad I would pay it for her I told him no and hell no. There needs to be a lot more awareness brought up about this predatory type lending thank you for bring this up hopefully it might help someone

ownsilver
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Simple work more hrs., go to school, lrean a trade
Get Outta payday loans.

johnnyguerra
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Listen, my first week of living on my own, I went inside a rent to own store. I'm knowledgeable about electronics - and figured out in the next few seconds everything was way overpriced. I thought to myself, "this must be the payday loans of furniture and electronics... Hmm, well I have no business being here".

donperrignon
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Good advice, Dave Ramsey talked about this

vanly
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Payday loans are the absolute worst! I’ve NEVER used a payday loan, and that’s because I saw what happened with my parents growing up. They just prey on people who don’t understand or are in a tight spot. TRASH! I hate them more than I do car dealerships (with those “greasy car salesman”) and I DESPISE car salesmen/saleswomen! Dave Ramsey says credit cards are the cigarette of the finance world, and if that’s true, payday loans would have to be the drug “Crok” (if that’s how you spell it.) DON’T do it!!

sinisterhug
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On rent to own: thoughts on Tesla's new solar scheme? Able to purchase after 5 yrs

waltnassty
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Quit calling him "intern Dan", he's just Dan. You guys aren't special.

tkdcow