Comments on: Top Ten DUMBEST Reasons To Get A Pay Day Loan! http://www.enemyofdebt.com/2009/08/top-ten-dumbest-reasons-to-get-a-pay-day-loan/ Motivational Money Management Wed, 08 Feb 2012 23:11:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Brad Chaffee http://www.enemyofdebt.com/2009/08/top-ten-dumbest-reasons-to-get-a-pay-day-loan/#comment-2203 Brad Chaffee Fri, 07 Aug 2009 05:12:48 +0000 http://www.enemyofdebt.com/?p=824#comment-2203 Thanks for your comments. I thought the post was hilarious so I couldn't hep but share it with you. The hot date reason made me laugh for at least 5 minutes. The sad part is that there have probably been enough people to fall for that reason. LOL Thanks for your comments. I thought the post was hilarious so I couldn’t hep but share it with you. The hot date reason made me laugh for at least 5 minutes. The sad part is that there have probably been enough people to fall for that reason.

LOL

]]> By: Blake http://www.enemyofdebt.com/2009/08/top-ten-dumbest-reasons-to-get-a-pay-day-loan/#comment-2202 Blake Thu, 06 Aug 2009 20:51:51 +0000 http://www.enemyofdebt.com/?p=824#comment-2202 The sad thing is he'll actually reel someone in with that garbage... I agree with Ashley: If a high-class date isn't in the budget, I would just have to level with her. If she wasn't understanding, then she's definitely not my type anyway. But if she's a knockout and financially-smart, then maybe we're onto something. ;) Good find Brad. Too bad we can't leave comments on that thing. The sad thing is he’ll actually reel someone in with that garbage…

I agree with Ashley:

If a high-class date isn’t in the budget, I would just have to level with her. If she wasn’t understanding, then she’s definitely not my type anyway. But if she’s a knockout and financially-smart, then maybe we’re onto something. ;)

Good find Brad. Too bad we can’t leave comments on that thing.

]]> By: Jason @ Redeeming Riches http://www.enemyofdebt.com/2009/08/top-ten-dumbest-reasons-to-get-a-pay-day-loan/#comment-2201 Jason @ Redeeming Riches Thu, 06 Aug 2009 20:34:20 +0000 http://www.enemyofdebt.com/?p=824#comment-2201 Is there ever really a smart reason to get one of these things? I think I'd rather ask for money from my worst enemy than take a pay-day loan. These things are ridiculous. Is there ever really a smart reason to get one of these things? I think I’d rather ask for money from my worst enemy than take a pay-day loan. These things are ridiculous.

]]> By: Chris Holdheide http://www.enemyofdebt.com/2009/08/top-ten-dumbest-reasons-to-get-a-pay-day-loan/#comment-2197 Chris Holdheide Thu, 06 Aug 2009 17:00:59 +0000 http://www.enemyofdebt.com/?p=824#comment-2197 Brad, I agree with your thoughts on the payday lenders, they're putting people in a debt cycle that can be very hard to break. Back about a year ago around election time here in Ohio I was running an article on my blog talking about a bill that Ohio wanted to pass that would cut thier 300% interest rate down to 30%. That isn't the worst part I got comment after comment with people saying that they didn't want to lower the interest rate complaining that it would put the payday lenders out of business. But guess who was leaving the comments, the payday lenders. My thought on this is if we could live without payday lenders 30 years ago we can live without them today. Brad,
I agree with your thoughts on the payday lenders, they’re putting people in a debt cycle that can be very hard to break.

Back about a year ago around election time here in Ohio I was running an article on my blog talking about a bill that Ohio wanted to pass that would cut thier 300% interest rate down to 30%. That isn’t the worst part I got comment after comment with people saying that they didn’t want to lower the interest rate complaining that it would put the payday lenders out of business. But guess who was leaving the comments, the payday lenders.

My thought on this is if we could live without payday lenders 30 years ago we can live without them today.

]]> By: Ashley http://www.enemyofdebt.com/2009/08/top-ten-dumbest-reasons-to-get-a-pay-day-loan/#comment-2196 Ashley Thu, 06 Aug 2009 16:51:28 +0000 http://www.enemyofdebt.com/?p=824#comment-2196 I must agree that having a hot date is about the dumbest reasoning I've ever heard as well for getting a payday loan! If your wallet is empty, grab an inexpensive cup of coffee instead of dinner and a movie. If you don't have enough money for coffee, take a walk in the park or checkout a free museum. If you feel that the person will only be impressed by the amount of money you spent on the date, the relationship is likely to fail before it even starts. If they would turn you down for being broke in the beginning, they'll won't be interested weeks/months/years later when you are extremely broke from all the interest you're paying on those loans. I must agree that having a hot date is about the dumbest reasoning I’ve ever heard as well for getting a payday loan! If your wallet is empty, grab an inexpensive cup of coffee instead of dinner and a movie. If you don’t have enough money for coffee, take a walk in the park or checkout a free museum. If you feel that the person will only be impressed by the amount of money you spent on the date, the relationship is likely to fail before it even starts. If they would turn you down for being broke in the beginning, they’ll won’t be interested weeks/months/years later when you are extremely broke from all the interest you’re paying on those loans.

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