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Old 07-22-2014, 01:37 PM
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aklim aklim is offline
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Join Date: Apr 2000
Location: Location: Greenfield WI, USA
Posts: 8,514
Quote:
Originally Posted by barry12345 View Post
Way of the times. So much per month is all that matters to so many.
So why should we care? It's not like they care. Besides, there is such a high percentage of defaults. It's like everything else. The 40-60% defaults jack up the rates higher for the rest who are a breath away from default.

Have I used payday loans when starting out? Sure. That or starve or have the lights turned out, etc, etc. I used them, roll over the loan once and paid down the principal and then paid it off the next time. Done. Cost me more than a NSF from the bank? Nope. Less.
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