http://www.bloggernews.net/116580 High-quality English language analysis and editorial writing on the news. Thu, 16 Feb 2012 01:20:22 +0000 http://wordpress.org/?v=2.3.3 http://www.bloggernews.net/116580#comment-1711282 cash Mon, 19 Jul 2010 16:33:36 +0000 http://www.bloggernews.net/116580#comment-1711282 You are right. Payday loan must be repaid in week or two You are right. Payday loan must be repaid in week or two

]]> http://www.bloggernews.net/116580#comment-719583 johnpatrick03 Mon, 27 Oct 2008 21:36:40 +0000 http://www.bloggernews.net/116580#comment-719583 Why are people so concerned about the APR of a payday loan? The APR is not a realistic way of looking at a Payday loan. A payday loan is until your NEXT payday, not for an entire year! $8 per $100 per week is a great deal when you compare it to returned check fees and late fees on utility bills. Do you ever hear about people losing their house because of a payday loan? No! They lose their house from credit cards that have ridiculous credit lines. Come on people! Why are people so concerned about the APR of a payday loan? The APR is not a realistic way of looking at a Payday loan. A payday loan is until your NEXT payday, not for an entire year! $8 per $100 per week is a great deal when you compare it to returned check fees and late fees on utility bills. Do you ever hear about people losing their house because of a payday loan? No! They lose their house from credit cards that have ridiculous credit lines. Come on people!

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