Wednesday, June 18, 2008
Payday loans - still need 'em
Well, my commissions from work are about 30% of what I received last year during the first six months of the year. So I've had to start borrowing from PayDay lenders again. I started borrowing again back in early May. The rates are in the neighborhood of 785% APR - it just chokes me financially. If I stop to think about it then I begin to panic and I dont have time for that. I've got to figure a way to start bringing in extra income. I've applied to Home Depot and a couple other places but didn't hear back from anybody. In the meantime I am going to have to ask a friend for a loan. I can pay 25 to 35% APR but not 785% APR - it's killing me.