Have you seen the signs? The ones that say Advance cash. What is advance cash? Maybe its cash that moves quickly. Boy, if that were what it was, I would have a mountain of it.
Yesterday, as I took a small walk around our downtown area I noticed the big neon signs stating fast cash, cash loan now, quick cash while you wait. Or they say: No cash, don’t worry well give you a payday loan. With all of these loans available I think to myself what happens when payday rolls around and you have to pay this quick loan back. What do people do to meet expenses for that week, get another cash money loan that needs to be paid back on their next payday? What about the interest they have to pay on these loans, I’m sure it must be pretty high and if people are actually using this type of loan its no wonder they end up in so much debt. But, just as with the cash card, it is becoming ever more popular. Whatever happened to the idea that if you really wanted something you handed to save your money on a weekly basis in orders to acquire it? Personally I think this is a much better way of acquiring what you want and that way you don’t get into debt. And what happened to the idea of saving that emergency money, I guess it is just easier to go and get a fast cash money loan.
