This is the story of my payday loan. I decided to take out a payday loan when I received a letter from my employer announcing a 5% increase in my salary for 2012. I thought of a payday loan when I was so excited to hear this news of coming cash but disappointed that my raise would not take effect until after the Christmas holiday. Thank goodness for the option of getting a payday loan. Applying for a payday loan meant that I could get the cash that I needed to provide an unforgettable Christmas holiday for my whole family without maxing out my credit card account and paying those exorbitant APR credit card fees.
When I decided to take out a payday loan, the first thing I did was to search for good payday loans online. I didn't know where a payday loan office was in my area, but a quick search online gave me many options for payday loan offices near me and several payday loan businesses that would allow me to apply for payday loans online without having to get up from my chair. This payday loan option was so convenient it was the option I chose. The payday loan application process was simple and quick. They basically wanted to know a little about me, my employment status and if I had a bank account they would deposit the cash loan directly into. I submitted my payday loan application online and had the money in my bank account within an hour. It was incredible!
Taking out a payday loan was the best option for me because the APR interest rate the payday loan office was offering was less than the APR interest on my credit card. This means that a payday loan was actually cheaper in the long run than charging my Christmas shopping all to my credit card. For example, lets say I spent $750 on Christmas. The APR interest on my credit card is 17% and the APR interest on my payday loan is only 12%. 17% of $750 is $127.50 but 12% of $750 is only $90. This means that had I charge the $750 Christmas shopping to my credit card it would have cost me a total amount of $877.50 whereas using a payday loan means I need to repay a loan of only $840. This is a savings of nearly $40 and that is a new pair of shoes for me!
Needless to say, the next thing I did after getting my payday loan was start my online shopping. According to my agreement with the payday loan lenders, I will need to repay the loan plus an APR interest rate shortly after the New Year when my raise has taken effect. This works out perfectly for me and I am so glad I decided to get a payday loan because it means I don't have to budget so tightly this Christmas.
I just wanted to share my little payday loan story with you in the hopes that you will learn from my experience. This Christmas season, before you go maxing out your credit card in order to make it a great holiday, consider taking out a payday loan. If you get a good APR interest rate on a payday loan, it could really save you a lot of cash.
Try a Payday Loan This Christmas
When I decided to take out a payday loan, the first thing I did was to search for good payday loans online. I didn't know where a payday loan office was in my area, but a quick search online gave me many options for payday loan offices near me and several payday loan businesses that would allow me to apply for payday loans online without having to get up from my chair. This payday loan option was so convenient it was the option I chose. The payday loan application process was simple and quick. They basically wanted to know a little about me, my employment status and if I had a bank account they would deposit the cash loan directly into. I submitted my payday loan application online and had the money in my bank account within an hour. It was incredible!
Taking out a payday loan was the best option for me because the APR interest rate the payday loan office was offering was less than the APR interest on my credit card. This means that a payday loan was actually cheaper in the long run than charging my Christmas shopping all to my credit card. For example, lets say I spent $750 on Christmas. The APR interest on my credit card is 17% and the APR interest on my payday loan is only 12%. 17% of $750 is $127.50 but 12% of $750 is only $90. This means that had I charge the $750 Christmas shopping to my credit card it would have cost me a total amount of $877.50 whereas using a payday loan means I need to repay a loan of only $840. This is a savings of nearly $40 and that is a new pair of shoes for me!
Needless to say, the next thing I did after getting my payday loan was start my online shopping. According to my agreement with the payday loan lenders, I will need to repay the loan plus an APR interest rate shortly after the New Year when my raise has taken effect. This works out perfectly for me and I am so glad I decided to get a payday loan because it means I don't have to budget so tightly this Christmas.
I just wanted to share my little payday loan story with you in the hopes that you will learn from my experience. This Christmas season, before you go maxing out your credit card in order to make it a great holiday, consider taking out a payday loan. If you get a good APR interest rate on a payday loan, it could really save you a lot of cash.
Try a Payday Loan This Christmas
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Needless to say, the next thing I did after getting my payday loan was start my online shopping. According to my agreement with the payday loan lenders, I will need to repay.... Learn more at Payday Loan Texas and pHair Feathers How To"
