anyone ever get?

**THE PROFIT** · 12-01-10, 05:54 PM

pay them back the amount with interest in 2 weeks or they will cash the fukin personal check you gave them. If you dont have money in the bank to cover the check your bank will cover it with the overdraft protection & your account will be in the negative. After 7 days of being in the red the bank will start charging you so much a day until you bring the balance to the positive.

If you just keep giving them another check every 2 weeks & extending the loan next think ya know you've paid $600 for a $200 loan $30 at a fukin time

**TexansFan** · 12-01-10, 06:00 PM

Don't do it, especially if you can't pay it back in full on your next payday. You can keep extending the loan but you'll be paying at least 500% interest on the loan.

If it's a one-time thing, and you don't mind paying around $150 to $200 for about a $500 loan, then that's your decision. I've seen many people get into financial problems with these things though.

**steveC3** · 12-01-10, 06:17 PM

thanks for the advice,ill take it in consideration, ill probably pass on the loan,thanks gents

**THE PROFIT** · 12-01-10, 06:20 PM

its an easy rut to get in. You borrow the $200 & give them a check for $230. In 2 weeks you have to come up with $230 or $30, the next 2 weeks you're in just as bad shape as you were, so you pay them another $30. So in 2 months you've paid $180 in interest & still owe the fukin $200.

**30K Millionaire** · 12-01-10, 06:41 PM

It's a ripoff. Huge interest rates. I heard they were trying to get rid of them in Arizona. If you need the money just to gamble with, I would probably pass.

**TexansFan** · 12-01-10, 06:44 PM

Originally posted by THE PROFIT

its an easy rut to get in. You borrow the $200 & give them a check for $230. In 2 weeks you have to come up with $230 or $30, the next 2 weeks you're in just as bad shape as you were, so you pay them another $30. So in 2 months you've paid $180 in interest & still owe the fukin $200.

Actually to obtain a payday loan you'll have to give them your checking account and routing numbers because they'll instant deposit it from your account when you get paid.

They want to make sure they get their money.

**tblues2005** · 12-01-10, 06:45 PM

I think they are total rip offs..

**dinaro7** · 12-01-10, 06:46 PM

bad idea

**pokernut9999** · 12-01-10, 06:48 PM

Quit gambling and you will not need a payday loan.

**oiler** · 12-01-10, 06:49 PM

no doubt its like dealing with a loan shark

**bandit bettor** · 12-01-10, 07:03 PM

DO NOT DO THIS TO YOURSELF.... heres how they work they wire 500 to you account and in like 7-14 they debit anywhere from 700-900 so so so much interest... If you dont pay they charge you extension fees out the ass and u end up paying back triple the loan... Loan sharks have better rates.. I had to close my account cause of these vultures told them to go stick it, most of them are illegal anyways and dont report to credit beuraus

**obamaismyuncle** · 12-01-10, 07:07 PM

payday loans online are 100% illegal, if you don't wanna pay them back tell the company to **** off..

**bandit bettor** · 12-01-10, 07:18 PM

thats basically what i did.. The best part is theres not much they can do since there illegal in most the states they opperate