Pay day loans online?

anyone did a pay day loan online how d oes itr work

I got a payday loan last month and did some research before choosing a website. The payday loan site with the best reviews is Spotya.com

http://www.Spotya.com

I got a $350 loan and it was pretty easy. You just fill out an application and see if you get approved. Spotya says that most people get approved, but if you don't get approved Spotya will send you to a payday lender that will approve you. It's real easy.

Run away from a pay day loan!

These 'loans' charge anywhere between 300% - 600% interest. They also put you into a vicious cycle that is very hard to get out of.

Say you borrow $300. What happens is that next payday you have to pay them back about $450 or so leaving you short for the next two weeks. You turn around and do another pay day loan and hence you're trapped.

I really recommend you tough out your situation, pawn some personal items, sell something on Craigslist, etc. Do anything but don't get a pay day loan.