Any alternatives to payday loans?
|
  |
|
|
| Author |
Message |
keefer
Apprentice
Joined: 03 Jul 2007
Posts: 3
|
 Posted: 08/21/08 - 07:39 Post subject: |
 |
|
I have been planning to start a business and I expect to get a pretty good profit from it. I will be mostly in trading and I seek to assure the best possible position. Now, I want to know one thing. What loan payment options I can consider? If anyone could help telling me where to get such info, that would be great.
|
|
|
Back to top
|
|
|
|
 |
sloan
Apprentice
Joined: 22 Oct 2006
Posts: 2
|
| Posted: 09/20/08 - 00:23 Post subject: |
|
|
| Generally, the secure loans are the best, since you have something to cover it with, but if you have too much of a collateral, it may also ruin you. Another way are cash advances. It is so called payday loan. However, it is only useful for covering emergency costs for a high interest rate. It is not so bad, but it should be regarded as last resort. However, there are alternatives, like small savings account, or credit card advances, which is what I recommend you. For some more info, go to http://www.responsiblelending.org/issues/payday/briefs/page.jsp?itemID=29573161. |
|
|
Back to top
|
|
|
|
|
|
| |
All times are GMT
|
| Page 1 of 1 |
Related topics: | |
|
|
