friday night...spent my pay

The internet has made life easier in many ways for us lowly consumers. We can communicate with people around the globe for virtually nothing (just the cost of internet access, if you pay for it). We can keep a journal (or blog) and share it with the world. We can publish books and sell at auction with very little hassle. However, as I have mentioned in previous posts, other services which I consider to be "bittersweet", like Payday Cash Advance Loans, are also becoming easier to find.

Consumers that have a good grasp on their spending limits and use paycheck advance services sparingly have nothing to fear, and a service like this one which features easy online cash advance with little paperwork to fill out and no fax requirements may be a godsend in your special time of need.

However, those that are still trying to grasp the concept of budgeting your income will have the same access to these types of services. It's really a shame, because we often rely on the services that offer these types of programs to inform the consumer of their benefits and disadvantages, and the latter can sometimes go untold or at least undetailed. Fortunately, some of the websites are honest enough to post even the most intimidating disadvantages on their website. I was suprised that this site even mentioned this cold hard fact:

"APR on payday loans average around 400% compared to 7% on ordinary loans and 12% on credit cards."

Needless to say, you better be sure that you can pay off these types of loans on time!