A payday loan is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card

Payday loans are a great reason why people need emergency funds...

wil1568... pay down your payday loan, and at the same time start saving money... don't buy things unless you desparately need them...

Let this be an "expensive lesson" in why it's good to save up emergency funds

ithink this is the worst thing that i have ever done about managing money now i'm in worst trouble because of pay day loan Cash Store

Herbsmith,

Payday Loans are one of the worst money solutions to your immediate cash needs.

I also do not have any good credit history but this is no more problem for me because Pay day loan does not not have any credit check condition.

Payday loans are helpful only if when you need fast cash with in 1hour.As the interest rate of these loans are very high so this will be better option that you pay than back very fast.

i checked out OPOD but unfortunately Its not offered in BC..i was wondering if filing bankruptcy will be the only option i have

I am one of those people..i don't have god credit so i had to borrow from payday loan..i didnt expect to go on mat leave a month early...and i just noticed i had a garnishment on my pay...i was wondering will i get fired from garnishment?

the reason you go to pay day loan companies is because you can't get credit any where else.

An option you might look at is with the provincial government. They do what is called an Orderly Payment of Debt.. it's like consolidation except it's enforced by the provincial government.

I'm not sure if there's a fee attached.

.unfortunately i have a few outstanding pay day loans since i didnt expect to be on mat leave early.nd am a single mom and i cant pay back money mart...i was told by a debt collector that if i dont pay in full by thurs money mart will take legal actions like court judgement and they will garnish my wages. i cant afford that since im a single mom of a 6month old..do u know if theres a way to stop it..i mean filing bankruptcy good..or do u know any debt condolidation