Klan wS

Garry Richardson · Gość

There are other options. Consider the possibilities before choosing a payday loan:
When you need credit [link widoczny dla zalogowanych], shop carefully. [link widoczny dla zalogowanych] Compare offers. Look for the credit offer [link widoczny dla zalogowanych] with the lowest APR - consider a small loan from your credit union or small loan company, an advance on pay from your employer, or a loan from [link widoczny dla zalogowanych] family or friends. A cash advance on a credit card also may be a possibility, but it may have a higher interest rate than your other sources [link widoczny dla zalogowanych] of funds: find out the terms before you decide. Also, a local community-based organization may make small business loans to individuals.

Compare the APR and the finance [link widoczny dla zalogowanych] charge (which includes loan fees, interest and other types of credit costs) of credit offers to get the lowest cost.

Ask your creditors [link widoczny dla zalogowanych] for more time to pay your bills. Find out what they will charge for that service - as a late charge, an additional finance charge or a higher interest rate.

Make a realistic budget, [link widoczny dla zalogowanych] and figure your monthly and daily expenditures. Avoid unnecessary purchases - even small daily items. Their costs add up. Also, build some savings - even small deposits [link widoczny dla zalogowanych] can help - to avoid borrowing for emergencies, unexpected expenses or other items. For example, by putting the amount of the fee that would be paid on a typical $300 [link widoczny dla zalogowanych] payday loan in a savings account for six months, [link widoczny dla zalogowanych] you would have extra dollars available. This can give you a buffer against financial emergencies.

Find out if [link widoczny dla zalogowanych] you have, or can get, overdraft protection on your checking account. If you are regularly using most or all of the funds in your account and if you make a mistake [link widoczny dla zalogowanych] in your checking (or savings) account ledger or records, [link widoczny dla zalogowanych] overdraft protection can help protect you from further credit problems. Find out the terms of overdraft protection.

If you need help working [link widoczny dla zalogowanych] out a debt repayment plan with creditors or developing a budget, contact your local consumer credit counseling service. There are non-profit groups in every state that [link widoczny dla zalogowanych] offer credit guidance to consumers. These services are available at little or no cost. Also, [link widoczny dla zalogowanych] check with your employer, credit union or housing authority for no- or low-cost credit counseling programs.

If you decide you must use a payday loan, borrow only as much as you can afford to pay with your next paycheck and still have enough to make it to the next payday.