Contest Entries
Ok, the ultimate worst way to use a cash advance or a pay day loan is to get one when you know you will not be able to pay it off. I have a friend that got a payday loan and then intentionally quit her job after she got it. The only reason she got the loan was because she was accepted to get one, she really didn't need it at the time. Then she was really in a jam because she had no way to pay it back. I tried to tell her not to get a pay day loan if she was going to quit her job but she didn't listen. Here is some advice, do not get a cash advance or payday loan unless you are 100% sure you will be able to pay it back when it comes time. Also a payday loan is for emergency situations like getting hurt and needing the money for the hospital bill, or so you wont get a utility cut off. While it is fine to just have extra money in your pocket you need to be wise when you are getting any type of loan!!!
the worst way to use a payday loan is to misuse the priviledge of having a payday loan. meaning , you get bogged down going to a bunch of payday loan stores, then you dont have enough money to cover paying them all back. i know someone who had over 10 payday loans. when they were due , this person didnt have enough money in the bank to pay the loans back. its not good to have more than 3 payday loans or else you will be robbing peter to pay paul.
The worst way ,I would say, to spend a payday loan or cash advance, would have to be to pay another payday loan or cash advance back. You would not be able to enjoy the money that, in the end, you have to pay back. So, it teaches us to only get these type loans in emergency situations or last minute bills that had been forgot about.
I don’t think a loan is something to take lightly. It is definitely something you want to be responsible about. My husband and my first home together flooded every year, our furniture was ruined and we had spiders and termites all over the place. Our landlord would not replace anything and we couldn’t afford to replace it ourselves. Than because of the flooding we got a mold problem and we both got very sick. This is all in the first year of our marriage. With our loan from we were able to pay a deposit on a new home. We were so tempted to use if for other things like a new couch that we sorely needed but I am so glad that we kept a level head and did the right thing. We haven’t moved yet, but June 1st we will be in a mold less, termite and spider free home! Maybe next loan we can get the couch that we need. Again, a loan is not something to take lightly and we would not be as happy as we are now and looking forward to our new adventure if we had spent the money on something less needed. It is important to take care of your family first than use the rest to do something special for yourself or others.
Sincerely, A very happy customer.
Diana
THE WORST WAY TO USED A CASH ADVANCE IS TO GAMBLE. I GOT A CASH ADVANCE TO PAY MY GAS BILL INSTEAD I PLAYED LOTTO AND CONTINUE PAYING UNTIL I HAD SPENT ALL OF IT. MY GAS BILL WAS LEFT UNPAID AND GOT TURNED OFF AND I STILL HAD TO PAY EXTRA TO GET THEM BACK ON AND ALSO HAD TO PAY THE CASH ADVANCE BACK. I ALSO HAD TO BORROW MONEY FROM A FRIEND TOO PAY THE GAS BILL AND THE CASH ADVANCE BACK. I WAS NOT A HAPPY CAMPER. I WOULD NEVER LIKE TO EXPERIENCE THIS AGAIN IN LIFE.
GLADYS
