Payday loans is more or less a last resort to getting quick cash right now to pay certain bills that you need to get paid off. While it is an option, it's normally not considered the best option. Many times you end up losing over a quarter of your check by the time the fees and interest is paid off. There are some other alternatives that you can consider before getting a payday loan.
Consider talking to your back about a small loan. If you have been banking there awhile, there might be some options for you. These types of loans will be much more consumer friendly as they are more competitive giving you a better deal if you can get one.
Use your bank's overdraft protection. Most checking accounts have access to a few hundred dollars. Write a check going into your overdraft on purpose. You will be hit with a fee for doing so but this money has much less cost and no interest compared to a payday loan.
Call those that you owe money to and see if something can be worked out. You might have a fee for a late payment but this is a better deal than losing a large percentage of your next check. Compare the costs and go with whatever will be cheapest.
Use your credit card for emergency money. This isn't always best but it can be used for situations where you really need money right now.
Have an emergency garage sale. Get rid of things that you aren't using and really don't need. Take whatever you can get for your items so that you can have some cash right now to pay the bills you need paid.
Use local sites like Craigslist to find some one day jobs. Many times these are manual labor but you can work these one day and get paid some extra cash.
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