Can you help me choose between these 2 Loans

[El_Mero_Mero]

So...I know that both of these are bad options, but I'm really needing the money and just want to get it sooner than later. I need $1200. I need the cash in my hands before April 29. I am being advised against applying for a "PayDay" loan. I don't mind so much though, because even though it'll be expensive, I can worry about that later.

I'm not sure if my bank will provide me with a loan. I've been with them for years, but I have a credit score of 554, and I currently have like 69 cents in my account.

Can you tell me which of these 2 seems like the better option for me. I would really appreciate it.

FAQ’s « Personal Loans No Credit Check – Up to $2,500

OR

New York Payday Loan (646) 820-9683 - New York NY

 

[No1]

Just go to the block.

 

[ADevilYouKhow]

What do you need the money for?

 

[El_Mero_Mero]

too old to go to the block

I need the $1000 for rent

and I need the extra $200 for other bills

I know that both loans I linked to are bad, but any idea on what is worse?

 

[ADevilYouKhow]

too old to go to the block

I need the $1000 for rent

and I need the extra $200 for other bills

I know that both loans I linked to are bad, but any idea on what is worse?

Ask for an extension for your rent and bills.


Nothing is worth getting a payday loan. Read the articles on payday loans and see 2000 debt turns into 20000 and don't think it can't happen to you. Nothing's worth that.

Good luck.

Both websites are jokes and the entire practice is a legal con, probably better off getting money from a loan shark.

 

[JahFocus CS]

Take the one with the lower interest rate.

And please don't think "I'll worry about it later." That's not a winning strategy

 

[El_Mero_Mero]

I'm saying though, if I know that I have the $1200 coming in less than a month exactly, then how can my $1200 loan turn into $2000 or even worse? I think that's for folks that don't know where there next check is coming from. I appreciate the words though. I may just wait until Monday to make my decision on this. Thanks.

 

[Mook]

move somewhere else dummy and stop living above your means.

 

[hashmander]

hit up lending tree or something.

 

[the cac mamba]

I'm saying though, if I know that I have the $1200 coming in less than a month exactly, then how can my $1200 loan turn into $2000 or even worse? I think that's for folks that don't know where there next check is coming from. I appreciate the words though. I may just wait until Monday to make my decision on this. Thanks.

you need to think a month ahead, after you pay the rent what expenses are you gonna have? how much is your paycheck for?

 

[hashmander]

yeah the conditions that existed that caused you to be in this position right now won't exist again? because that's how people get caught up in the payday loan cycle.

 

[Domingo Halliburton]

I didnt read the links but of there's no prepayment penalties take the longest terms and lowest rates

 

[ill]

Did you post on reddit too? Popped up in my feed

I need a personal loan for $1200, is the bank my best option? • /r/personalfinance

 

[hashmander]

good link. this might work for the OP. i don't know anything about them, but he can investigate.

 

[88m3]

Also op if you don't work for some corporate monolith try talking to your boss.

payday loans are really the last resort


Common sense but I'd also sear into your mind what put you in this position and try to prevent it from ever happening again.


Try to sort out your credit too. It shouldn't be that hard to get into the 650 range for the future where you're more likely to be able to get credit cards and loans(granted you won't put yourself into debt).