Fast Payday Loan
More that 20 states have restrictions and laws attached to payday loan usage. Some stats ban them completely, yet lenders can still get around these bans, can still offer 500% APR loans and still get away with it in the courts. They say their fast payday loan services are essential to a growing economy, and they'll say their online operations are completely within the realms of Federal law. And they'd be right, lawmakers and enforcers turn the other way when faced with fast payday loans. But not the Payday Police. We seek out abusers of the fast online payday loan laws and arrest them.
Make a citizen's arrest on a fast payday loan
We believe there should be a national speed limit to financial assistance for many reasons:
- it would give you thee borrower time to think about your responsibility and actual need for the loan
- it would give the lender time to judge your financial dependability, security, and overall worthiness for the fast payday loan in the first place.
But there isn't a speed limit, the only limitation a lender faces is your application. So take your time - consider your actual reasons for taking out a fast payday loan. Consider other lenders, other financial possibilities, other outlets for your financial need - then look for the one financial solution that will best handle your financial need.
Your punishment doesn't fit the crime
When you fail to repay your quick payday loan on time and in full, you are punished by fees. But these fees are only good for thee weeks before you subsequent paycheck, when you'll be charged again. When credit cards carry a similar risk of lost repayment as afast payday loan and charge less than 1/10th as much in rates, its easy to see that there is a problem. The problem is your financial desperation has no other outlet for instant relief, or at least none that you know about. Look into it - ask your bank and credit card company about any personal cash loans you might possibly qualify for.
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