When Do You Need a Quick Easy Loan?

Louis Cohen wanted to know:
Would you consider a payday loan even if you didn't really have an immediate cash need for it?

    Yes

  >No

    Maybe

Rhonna Rosales wanted to know something like this:
Payday loans are meant for you to meet short term, immediate needs. If your spouse told you he/she didn't have cash, which of the following needs would you consider valid for the purposes of a payday loan? Choose all that apply.

  >emergency housing because of a fire

  >when a family member is sick

  >to pay other debt like credit cards or home mortgage

    vacation

    special events like Christmas

    special needs like purchase a notebook computer

  >invest in your business

    buy clothes for a job interview

  >emergency auto repair because broke down

    emergency home repair because HVAC stopped working

    emergency appliance replacement because dishwasher is irreparable

    relatives coming to town

    other

If 'other' above, please specify.

How much have payday loan companies contributed to the global financial crisis?

Payday loan companies have cash available and are continuing to make easy loans available to qualified individuals. Is this helping or hindering our recovery from the financial crisis?

  >Hindering

    Helping

Cash flow is a big issue for businesses. They spend a bundle predicting and managing it. It is one of the key indicators for investors.
Individuals are no different. We try as best we can to manage and predict, but sometimes there are unexpected occurrences that require us to have a greater than normal need for cash.
In the event of an unexpected occurrence, which of these recurring expenses could you do without or could you reduce to meet your quick cash needs? Choose all that apply.

    text messaging

  >cable TV

  >junk food

    internet access

  >coffee from a coffee cafe

    tuition

  >music downloads

    charity donations

  >movies

    auto insurance

    health insurance

    rent/mortgage

    car payment

    utility bills

    other

If 'other' above, please specify.

As a normal and accepted financial industries practice, payday loan companies charge you interest. Interest is what you pay for using their money until you pay it back. Considering the current bailouts of the financial firms, would it be fair for the government to subsidize (in other words, partially pay for) the interest that payday loan companies charge you?

When you think of payday loans, what statement best describes your attitude about them?

    they are quick and easy loans

    they are for a short term

  >they are for emergencies only

  >I would consider one

    I would not consider one

    qualification is easy

    qualification is hard

mabelle b asked:

Have you applied for a payday loan? For what purpose?

Never

opennetworks asked:

Would you take a loan to pay another one?

    Yes

    No

  >Naybe