By Shawn Lee Martin A cash advance and payday loans are my topics I want to go over today with all of my valued readers!
How the two go together and how they are different from each other, and why you should never combine the two are points I really want to stress to anyone who may be considering taking out either type of loan.
I want to show how the two are sold as one loan and how they are different from each other, and why you should never combine the two!
The big push today by the payday loan companies is to sell the general public on the fact that they are the place to go to when looking for a cash advance loan and this is simply a misconception.
They are actually the last place I would want to go for many reasons I will go over in this article.
Read on and let’s take a look at both types of loans and see what the differences are!
It is that time of year again where people are racing to file their income taxes in anticipation of a nice cash refund!
The cool thing about tax refunds in today’s world of filing online you can get your refund in as little as a week, but yet people are racing right out and taking out a payday loan tax refund advance.
The risks are crazy for being able to get your money a week early, and many people end up paying these loan companies back up to 20 times the money they borrowed.
It is so easy to get caught up in this money trap and almost impossible to get yourself back out of it.
All of a sudden you start seeing these ads online, on TV and on the radio telling you that if you have the paperwork on your return you can get instant cash! Up to $1500.00 the same day deposited into your checking account!
Run Forrest Run!
Let’s take a look at just what happens the minute you do take out one of these advances.
This is a time of year where people who have taken out payday loans to cover the holidays are now defaulting on them.
They are trying to figure out how to deal with payday loan debt before they end up in a real legal mess.
We here at Help With Payday Loan Debt understand that feeling having been through it ourselves and we know what to do about it.
This post is a way for us to share with you what kinds of things you can do right now to help your situation and stop all negative results in their tracks!
Yes, I said in their tracks and not only that but by this time tomorrow you may have all the collection pressure completely gone and you can then start to concentrate on other things in life instead of these pesky bills!
Let’s take a look at the problems associated with payday loan debt and the solutions we have available for them.
I would assume you are looking for some payday loan debt advice.
You are in luck!
We would be more than happy to share some of the more common things we deal with on a day to day basis concerning payday loans and payday loan debt!
This is a crazy time of year with people end up taking out too many payday loans and when they all come due at once things can explode real quickly!
It can get pretty confusing for the borrowers.
I have been in this situation myself and can relate to the feeling of helplessness and desperation of finding oneself in over their heads and looking for a way out but not knowing where to turn.
Or another situation can be that all the Christmas bills are coming due and money is just not there to pay them, thus the question becomes “Should I take out a payday loan to help cover the bills?”
These questions and many others are some of the reasons I chose to start this website and make sure help was available for people like me who have ended up in the payday loan trap and need advice and help getting back out of it!
It helps so much to have someone on your side!
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