“Paydayloans” – Are They for Real?

You have seen an advertisement, "Get Paydayloans, Even with Bad Credit," or "No Job? Get an Easy Cash Advance," and you have to wonder if it is the real deal. Trust me, it is for real, but you still have to ask yourself if it is the best choice for you. Say you just got a new job and you need some money to get you through until payday; that is quite a different story than if you just lost your job and you do not have any prospects lined up. These loans can be expensive anyway, even though you may be able to find a lender that will give you a loan with bad credit or no job, it is likely to be even more expensive. You still have to find a way to pay the money back, plus all the loan fees.

A cash advance can be a great way to get you out of a bind if you have regular income and you know for sure that you can pay it back in a short amount of time. But, if you are in a situation where your income is uncertain, a cash advance is a poor substitute for income. This can get you into a deep hole very quickly.

Now, based on the facts of your situation, if you can honestly tell yourself that it is worth the fees you will be charged, and you know for sure you will be able to pay it back, then do what you think is best. Even though the advertisements say that it is possible for you to get a loan even without a job, or with bad credit, take a look at what it is really going to cost you and see if you will be able to pay it back―for real. Yes, “Paydayloans” are for real, but you also have to be for real.