Time and again, we have all heard of lots of horror stories about the illegal money lenders who charge exorbitant interest rates and use violence to get their repayments from their customers. Recently there was a case of a woman who got badly beaten up in a public place by these illegal lenders. I wonder why people still go to such lenders when they know just how dangerous it is. There are actually many alternatives in the market to get a loan.
I understand that many of our banks don't offer small loans to individuals. But sometimes, that's just what people need to tie them through to the next pay cheque and perhaps that's why they go to these illegal money lenders who offer them.
I personally think a payday loan is a safer way. People who have poor credit ratings will still be able to apply as no credit checks are performed on an application. What's more, you can even choose to have your cash advance "silently" sent to you if you wish for privacy.
If you are uncertain about which of the lenders to go for, don't worry. There is a service that provides independent reviews and even lets users rank the type of payday loans for you. At least this will give you some peace of mind.
I understand that many of our banks don't offer small loans to individuals. But sometimes, that's just what people need to tie them through to the next pay cheque and perhaps that's why they go to these illegal money lenders who offer them.
I personally think a payday loan is a safer way. People who have poor credit ratings will still be able to apply as no credit checks are performed on an application. What's more, you can even choose to have your cash advance "silently" sent to you if you wish for privacy.
If you are uncertain about which of the lenders to go for, don't worry. There is a service that provides independent reviews and even lets users rank the type of payday loans for you. At least this will give you some peace of mind.