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Considering Taking A Payday Loan(help)

Discussion in 'BlackHat Lounge' started by GoonerboyFoze, May 5, 2012.

  1. GoonerboyFoze

    GoonerboyFoze Junior Member

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    So I need to make $400 by the 10th and time is very limited so even freelance such as article writing would only work for maybe 2 more days as Paypal needs 3 working days to register money in bank accounts.


    I'm considering taking out a loan, but I'm unemployed so I do not know when they'd require me to pay them back.


    advice needed, thanks.
     
  2. Tsmash

    Tsmash Regular Member

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    Usually payday loan companies require proof of income. Also, you'll never get out from under that high interest loan without having a steady income. You are much better off trying to get a loan from family of friends. Do you have anything to pawn or sell?
     
  3. friendlydevil

    friendlydevil Newbie

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    Don't do it!!! If I had $400, I would give it to you to not get a Payday loan. I once borrowed $500 and ended up paying back around $1,500, it was horrible but I was desperate. The thing that will happen if you do not get the $400 is nothing compared to months of anguish paying off the loan.
     
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  4. Alexx11

    Alexx11 Junior Member

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    I´ve heard horrible things about those loans, you´re better off staying away
     
  5. lanbo

    lanbo Jr. VIP Jr. VIP Premium Member

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    Do not get a payday loan - you WILL regret it!
     
  6. GoonerboyFoze

    GoonerboyFoze Junior Member

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    Well I have been offering to write big projects for marketers on various forums and freelance sites, but most are lowballing me
     
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  7. kalekom

    kalekom Junior Member

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    It's bad decision but
    you can always get a loan from one of my sites. I'll get $50 to $90 commission :)
     
  8. ok888

    ok888 Jr. VIP Jr. VIP Premium Member

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  9. GoonerboyFoze

    GoonerboyFoze Junior Member

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    what is your site?

    give me more details please?
     
  10. MikeHustle

    MikeHustle Power Member

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    Write for iWriter and get paid on Tuesday. Stay up for the next 48 hours writing......
     
  11. Brum26

    Brum26 Regular Member

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    To be fair I have tried to help by giving you an option to help populate my forum in exchange for cash but you seem to have disappeared.
     
  12. bhedbri

    bhedbri Registered Member

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    It's called predatory lending. They prey on those that have no choice and then charge them a crazy APR. The practice should be illegal IMO.
     
  13. Needalead

    Needalead BANNED BANNED

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    Don't do a PayDay Loan. If I had $400.00 I'd give it to you. However, here are some ideas.. May seem a bit outlandish but they have worked for me.

    1. Craigslist gigs (There are some gems out there, meet up with them & explain your situation. People are more helpful than you think)
    2. Offer free advertising for businesses. You know those guys who stand outside in the rain or extremely hot sun. Cool 60-80 bucks for 8 hours.
    3. Get in your local market, go to a co-working space where multiple businesses are housed. See if they have anything they need.
    4. Talk to your local realtors. You can make money from them as well.

    Not to be harsh and shut you down, but you are being lazy and seeking a quick fix that will bring you down faster than it will bring you to a positive outcome. You have 5 days. A lot can be done in 5 days.

    Whatever you do though, don't do the PayDay loans.
     
  14. oxonbeef

    oxonbeef BANNED BANNED

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    Don't get a payday loan, get a payday loan offer.
    8 conversions will well cover $400 if you promote the right offer.
    If you work hard enough you should be able to do that by tonight.
     
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  15. chad362wiley

    chad362wiley Supreme Member

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    lol, I saw this commercial for "Western Sky" (100% Native American Operated, bleh), and in the fine print on the commercial, it said the interest rate was 116% LOL


    Dont do it man, go whore yourself out to 8 fat chicks for $50 a piece or something.
     
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  16. Scripteen

    Scripteen Elite Member

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    Good one if the network pays him before the 10th this month as he needs.

    To the OP, I would suggest borrowing from a family member or a friend. This is the shortest route.
     
  17. Georgebg

    Georgebg Jr. VIP Jr. VIP Premium Member

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    More like 2 fat chicks at 200$ each for 30 minutes with him :)
     
  18. oxonbeef

    oxonbeef BANNED BANNED

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    Wonga.com = Representative APR 4214%

    Did someone mention fat chicks? I'll do that for free!

    If you don't understand APR (Annual percentage rate) it's the maximum percent of interest they can charge if you
    don't make a single payment in a year.
     
    Last edited: May 5, 2012
  19. lurnme

    lurnme Regular Member

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    lol, that's exactly what I was thinking when I read his post. Post a few ads on CL. Talk to your AM and tell him the situation, ask for $400 of your income for emergency. If you're not working with some dbags that run their site like a big business they will do it.
     
  20. ByFoxx

    ByFoxx Junior Member

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    Fat chicks... lol... made my day...
    You can also search for a JV here on the forum, put up some work and be committed. There are a few members looking for hard working guys to do some ground work. It all depends on your skills and knowledge, but I'm sure if you're serious about your job there are a lot of guys willing to help you short and long term.