Comments on: Payday Loans: No, no, no! http://www.canajunfinances.com/2007/04/23/payday-loans-no-no-no/ Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View Sun, 21 Mar 2010 11:06:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Broken Pictures Lead to Amazon Ads | Working Hard On The Internet http://www.canajunfinances.com/2007/04/23/payday-loans-no-no-no/comment-page-1/#comment-2456 Broken Pictures Lead to Amazon Ads | Working Hard On The Internet Wed, 13 Aug 2008 09:50:20 +0000 http://www.canajunfinances.com/?p=546#comment-2456 [...] turn off access to them). This morning I found a post I had done about pay day loans places called Pay Day Loans: No, No, No!! and in it, I had a picture of a great white shark to show what I thought of the pay day loan [...] [...] turn off access to them). This morning I found a post I had done about pay day loans places called Pay Day Loans: No, No, No!! and in it, I had a picture of a great white shark to show what I thought of the pay day loan [...]

]]> By: On My Return and Life is A Carnival | How To Fail on the Internet http://www.canajunfinances.com/2007/04/23/payday-loans-no-no-no/comment-page-1/#comment-1909 On My Return and Life is A Carnival | How To Fail on the Internet Tue, 15 Jul 2008 12:37:43 +0000 http://www.canajunfinances.com/?p=546#comment-1909 [...] The Carnival of Debt Reduction #85 is being host by Money, Matter and More Musings where they mention my Rant about Pay Day Loans. [...] [...] The Carnival of Debt Reduction #85 is being host by Money, Matter and More Musings where they mention my Rant about Pay Day Loans. [...]

]]> By: Big Cajun Man http://www.canajunfinances.com/2007/04/23/payday-loans-no-no-no/comment-page-1/#comment-517 Big Cajun Man Mon, 23 Apr 2007 14:30:00 +0000 http://www.canajunfinances.com/?p=546#comment-517 No disagreement, but that is a damning statement about the Banks and the Governments, that they allow this to happen. Access to financial services, without HUGE service charges is disgraceful in Canada. There needs to be a way for the poor and needy to be able to use banks in some fashion. Forcing them to use these services is criminal.<br/><br/>--C8j No disagreement, but that is a damning statement about the Banks and the Governments, that they allow this to happen. Access to financial services, without HUGE service charges is disgraceful in Canada. There needs to be a way for the poor and needy to be able to use banks in some fashion. Forcing them to use these services is criminal.

–C8j

]]> By: Monty Loree http://www.canajunfinances.com/2007/04/23/payday-loans-no-no-no/comment-page-1/#comment-516 Monty Loree Mon, 23 Apr 2007 14:16:00 +0000 http://www.canajunfinances.com/?p=546#comment-516 Hey Cajun,<br/>Where as I agree with you for the most part about PayDay loans, there is a certain sector of the population who uses them.<br/><br/>The very poor use these types of services because they get into a bad financial situation. It's the only way they can survive sometimes.<br/><br/>With regards to their cheque cashing services, this is also very expensive.<br/><br/>Many welfare recipients don't have bank accounts and use the cheque cashing service as an alternative to getting a bank account and paying service fees. Hey Cajun,
Where as I agree with you for the most part about PayDay loans, there is a certain sector of the population who uses them.

The very poor use these types of services because they get into a bad financial situation. It’s the only way they can survive sometimes.

With regards to their cheque cashing services, this is also very expensive.

Many welfare recipients don’t have bank accounts and use the cheque cashing service as an alternative to getting a bank account and paying service fees.

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