Monday, May 4, 2009

I Saved Money with a Payday Loan

I saw it coming

After eight months of unemployment, I finally landed a job. But by then, I had been sliding on my bills for a few months and it was time to pay the Piper. It may seem ironic that my financial situation sank to its nadir after I started working again. But I had been skimming by on my meager savings, and as time passed I started to push bill-paying to the absolute deadline I would pay the utility bills just before my service was scheduled to be cut off. I would pay my rent on the last day of the grace period.

By the time I finally found a job, I had no money left. I had built up some some lag-time in my bill paying system, but luckily, it didn't catch up with me until after I had been working for about six weeks.  And then the utility cut-off notices started coming in. I juggled the bills for the first month (and the first two paychecks), but I was faced with the stubborn fact that my paychecks were a little too paltry to get me caught up. So I found myself looking for an online cash advance loan.

I had nowhere else to turn

I never thought I'd be in that situation — shopping for a payday loan. I'll admit I was ashamed, but I don't have credit cards or anyone to turn to for financial help. My financial downturn started when I moved to a new city about a year ago. Economically, it wasn't a good time to move. But I had the opportunity and the ability to go, and I'm not one to let a faltering economy dictate my life choices. ... click here to read the rest of the article titled "I Saved Money with a Payday Loan"

No comments: