There are a hundred and one credible reasons to take out a cash loan at this very instant: car, rent, phone, gas, girlfriend, dentist, Friday night lights. But do you really need that money, should you really need that money? Will you really need that money when you see everything thats wrong with a cash loan? No, no, and hopefully no - the Payday Loan Hero is in the house to tell everyone only you can prevent debt from payday loans! (Apologies to Smokey, may he growl in peace.)
Reasons to turn away from cash loans
The number one reason why you should avoid cash loans is because you simply cannot afford it. Chances are you need financial assistance because you spend as much or more than you currently earn, you haven't had time or resources to establish a savings account. Or maybe you simply find it hard to budget accordingly for today's high-energy society. Simply put, you probably cannot afford to pay for your own money - its ridiculous and counter-productive to the financial stability you are trying to establish:
- for every $100 you take out with a payday loan you'll pay somewhere around $20. $40 for $200, $60 for $300 - thats a lot of money for money you work hard for and usually get for free.
- when you are next paid - the date of your cash loan repayment - nothing will have changed. You'll still be making barely enough to get by, yet this time you'll owe a significant portion of your paycheck to repaying your payday advance and associate fees. You'll see the opportunity to delay repayment, and like 85% of all people you'll probably take that option, rolling-over your balance for another two weeks at the cost of an additional fee that will only be harder to pay off in the future, that makes your payday cash loan that much more difficult.
A cash advance works in cycles - cycles of debt and cycles of financial necessity. There is only one way to stay out of the whirlpool, and thats to avoid cash advances at all cost! Do what you must, make the financial cutbacks or credit purchases necessary to maintain an emergency cash buffer, and don't place yourself in the path of almost certain financial danger by applying for that cash loan online.
Come on, do it for the Hero.
And do it FAST!
Just remember that heros - no matter what their power - do it fast. A fast cash loan then becomes the only resource applicable to heros, because anything less than a quick cash loan will just be normal - no where near heroic! Ahhh, but there is a fine line between heroism and evil doings, and while some great lenders could offer a instant cash loan to their clients, they don't because they know so much power would end up being bad eventually. Bless them!