http://www.gettingpaydayloans.com/fast-cheap-loans.html Fast cheap loans are not toys and they are not to be handles with candy-caked fingers. Be careful, and handle your fast cheap loans with the same respect you'd give to a mortgage. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Never judge a book by its cover No matter how small or simple you believe your thesefast cheap loans are going to be, and no matter how big your income and how easy it really will be for you to pay off even a $1000 advance, you need to be careful. Apply only for the amount you need. Pay off only your most pressing obligations. Make a budget, start saving your cash and pay back your loans at the first possible moment. This is serious - and thats the whole problem with the payday advance industry. In a world of giants we are finally faced with the cute little midget loans. But the midgets have fangs and suffer from blood lust the likes of which you've never seen - even in the lands of Nascar! Fast cheap loans are misleading Its important to keep on top of your fast cheap loans - no matter how silly they feel. When you have a $200,000 mortgage, a $30,000 car loan and $100,000 in student debts, $600 in fast cheap loans just doesn't look like that big of a priority. But think about this: at $20 per $100 you borrow you are paying the equivalent of 520% APR. Halve that - say you pay a leading fee of $10 per $100 you borrow! Thats still gonna result in 260% APR. On all those other larger loans the most you will ever legally be charged is 40% APR - and thats nowhere near the price of these fast cheap loans. No matter how fast, no matter how cheap Treating your fast cheap loans like a toy is a great way to end up crying on the sidewalk, asking mommy for a lick off your ice cream cone. Sorry kid - its July and there is no relief. The ice is melted, mom is at aerobics and you have no other recourse but to stand up with your broken toy and do something about it. Sat, 26 Jul 2008 15:00:00 EDT