Monday, August 20, 2007

When You Need Money Fast: Sources of Affordable Cash

It's two weeks until payday, your credit cards are maxed out ... and then your car breaks down. You only need a few hundred dollars for the repair but you need it now. Many people in these situations have turned to "alternative" financial services providers such as pawnshops, car-title lenders (for a loan secured by the borrower's car) and payday lenders (for unsecured loans that borrowers promise to repay out of their next paycheck or regular income payment). When You Need Money Fast: Sources of Affordable Cash

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