Comments on: Payback Time for Payday Loans – Contest Winner

By: Payday Loan

Payday Loan — Sun, 06 May 2007 15:30:01 +0000

Payday loans can be a useful tool in the short run, but is fraught with pitfalls in the long run. For those that don’t know how payday loans work, the “payday loan” link will enlighten you.

By: ispf

ispf — Sat, 17 Mar 2007 19:33:15 +0000

[...] But when a pay day loan company approached Ben @ Money $mart Life and offered to pay $50 for a mention on his blog, Ben decided to get creative and it was payback time for payday loans. Like a modern day Robin Hood, he accepted the money from the payback loan company and offered it in a contest to someone who shared their story of dealing with payback loans. Here are the heart wrenching stories of Charles and Emm. Kudos to Ben for his resourcefulness and Charles for getting out of the trap, and good luck to Emm for paying off her payday loan and starting a savings fund. [...]

By: Debt Hater

Debt Hater — Mon, 12 Mar 2007 11:10:15 +0000

The 78th Carnival of Debt Reduction…

This Carnival has a lot to do with setting priorities while paying down debt. What’s important to you? What can you live without? How far are you willing to go to pay down the debt… is it worth that sacrifice?…

By: Ben

Ben — Mon, 12 Mar 2007 02:50:21 +0000

Emm, congrats on paying off the loan!

By: Emm

Emm — Sat, 10 Mar 2007 17:02:35 +0000

Thank you Ben! The $50 is going straight into my ING savings account.

I’m happy to report that yesterday I paid off the payday loan completely!! Yay! I’m so happy about that, it’s such a relief!

By: Unlocking the Poetry of Cash » Blog Archive » Mortgage Applications Up on Rate Decrease

Wed, 07 Mar 2007 20:34:52 +0000

[...] Payback Time for Payday Loans – Contest WinnerI am currently trying to pay off a payday loan. It started in October 06 when I went to visit my mom down south. I ended up going out with my brother and his family to more places than originally planned (more $), went to the mall and … [...]