In some ways, payday loans are like a cash advance from your employer. Payday loans are secured by your bank account and your next paycheck-kind of like a cash advance from your employer would be. Does your employer offer cash advances? Have you needed to use one?
My employer does not offer cash advances.I needed to use one.
If your BFF told you that she had just accepted a payday loan, what would you think? Select all that apply
>Well, at least she has a job.
Oh no, next she's going to ask me for a loan!
>I wonder how I can help?
>She's in trouble!
>What's a payday loan?
I knew it, she always overspends.
>She's good with money.
Other
For some people, a payday loan or a cash advance is the best solution to a bad financial situation-mainly because it allows them to maintain their independence when financial times get tough. Would you rather work out a financial problem yourself or ask your parents or others in your life to help? Why?
i would rather work out a financial problem.
If you are running short on cash, sometimes it's hard to keep your plans. Have you ever put off doing something you really wanted to do because you didn't have the money? What was it? How did it feel putting it off?
no i never had the problem of putting of something.
Some people have an opinion about payday loans and payday lenders. Do you have an opinion? Would you allow that opinion to influence accepting a payday loan?
I do not have any firm opinion.
This conversation is sponsored by:
Yellow Leaf Financial - a different
payday loan