Why Use a Payday Loan Service
Why do people use a payday loan service? Is it mainly used for emergency cash needs or is it used to help pay bills? Actually, it's used for both. Payday loans serve a unique underserved population of people, who may not qualify for a traditional loan, yet these people are trying to be responsible and pay their bills on time. Maybe you have overspent, and the bills are starting to come in and you need some financial help. Or maybe you have a true emergency because the dishwasher, water heater, or car broke down at the last minute and you don't have any money in savings (now that's another story, but we won't get into that here). Does anyone ever plan a "medical emergency"? No they don't. Accidents just happen. Here are some thoughts on why payday loan companies may be able to help you if you use them responsibly.