Online Payday Loans
What are Online Payday Loans? And what are its benefits?
Mar 11th, 2014 9:04 am
Mar 11th, 2014 9:06 am
Mar 11th, 2014 9:16 am
A form of usery poorly disguised as a legitimate loan service, that due to their nature of being oppressive and even financially devastating to users, must be actively and aggressively managed by government statute.
There are none, only undesireable and potentially financially devastating consequences.
Mar 11th, 2014 1:48 pm
Mar 11th, 2014 1:58 pm
I used to work in payroll and so I could see all my friend's paycheques. A buddy of mine worked in IT and made DOUBLE what I did and yet 2 days after payday I'd see him going to the payday loan place....Conquistador wrote: ↑Agreed with the previous two posts.
Ironically, payday loans are utilized by the people that can least afford to use them and only serve to perpetuate a cycle that one should not aspire to in the first place. Ditto for income tax cash back schemes.
Mar 11th, 2014 2:30 pm
Mar 11th, 2014 3:04 pm
Agreed, it's predatory.Conquistador wrote: ↑Agreed with the previous two posts.
Ironically, payday loans are utilized by the people that can least afford to use them and only serve to perpetuate a cycle that one should not aspire to in the first place. Ditto for income tax cash back schemes.
Mar 11th, 2014 3:10 pm
Do expand on the bolded part, does it have to do with additional fees being tacked on? I have never used either of these services but I am curious about the tax refunds offered by companies like H&R Block.Conquistador wrote: ↑Agreed with the previous two posts.
Ironically, payday loans are utilized by the people that can least afford to use them and only serve to perpetuate a cycle that one should not aspire to in the first place. Ditto for income tax cash back schemes.
Mar 11th, 2014 4:29 pm
Mar 11th, 2014 4:42 pm
I would presume Conquistador is referring to the egregious fees charged by Income tax firms to provide the client a speedy and immediate refund, versus waiting, or paying a lower cost professional, or to simply prepare a return oneself and wait for the return.
Mar 11th, 2014 4:59 pm
Mar 11th, 2014 5:51 pm
Precisely.fieldhousehandyman wrote: ↑I would presume Conquistador is referring to the egregious fees charged by Income tax firms to provide the client a speedy and immediate refund, versus waiting, or paying a lower cost professional, or to simply prepare a return oneself and wait for the return.
Although nowhere as predatory as payday loan companies, firms like HR block and the like allow clients to get 'hooked' on needing a speedy return come tax time, and make them pay exorbitant amounts to get that.
my apologies in advance, I am doing filing and other work in the office, and am taking numerous coffee breaks close to the computer! lol
Mar 11th, 2014 6:29 pm
Mar 11th, 2014 6:38 pm
Mar 11th, 2014 11:08 pm
Because you want some food to eat, some booze and some drugs. Duh.Conquistador wrote: ↑Precisely.
CRA seems to be getting quicker at initial assessments and refunds so why pay a fixed fee plus percentage of refund to get it in your hands today when you can get the full amount due to you in, what, two or three weeks?
Mar 11th, 2014 11:13 pm
Mar 11th, 2014 11:40 pm