Short term cash advances, also called payday loans, have become one of the most common forms of credit in recent years. These loans can be extremely useful and even save you money if taken for the right reasons. Getting one online is quick, easy and saves the embarassment of going into a storefront. Here are the best ways to use a payday loan:
1. Car trouble.
You have to get to work to make money. You don’t have the money to get your ride fixed. A payday loan is a great way to get back on the road quickly. It may even keep you from losing your job!
2. Bank balancing.
So, we’ve all made financial mistakes. But banks charge such high overdraft fees that a small financial oversight can snowball into a large one. Payday loan fees can save you money over extensive overdraft charges.
3. The unexpected bill.
You talked to your new girlfriend for 5 hours one night and went over your minutes. You forgot about the electric bill last month and now you owe double. Whatever the reason, unexpected bills can rarely wait for you to save up your money.
4. Medical expenses.
Whether or not you have insurance, medical procedures can get expensive. Unfortunately, we usually have little warning to plan for the extra expenditure.
5. School.
Books were twice as much for this semester’s classes? Didn’t expect the lab fees for your new science class? Taking a payday loan will help to keep your education on track.
6. Household expenses.
When your kitchen sink is leaking and flooding the floor, it’s not time to wait until payday. Waiting can cause even more costly repairs.
7. Special occasions.
If you have an anniversary or a child’s birthday coming up, a short term loan can help you make the most of the day. Bump up payday and celebrate.
8. Vet bills.
Vetrinarians are even more expensive than our doctors. We love our animals, but we never know when they’re going to get sick.
9. Travel emergencies.
Flight cancelled? Lost your wallet? Need to travel unexpectedly?
10. Court costs.
If your speeding ticket is due before payday, use a payday loan to keep the government happy and keep you out of trouble.