Payday Loans To Go - Unsecured Personal Loans

Unsecured Personal Loans - RATS!

Payday Loans to Go is open 24 hours a day, seven days a year - unless the health inspector comes to shut us down for one of our many infestations. Hey, we can't help it if all sorts of little critters get in and start snacking on our unsecured personal loans! With such minimal qualifications its surprising that all personal loans aren't completely infested.

Unsecured personal loans infestation

The stats associated with unsecured personal loans can and will be a bit misleading if you don't take these unwanted guests into consideration:

About 40 % of all applicants believe they are being charged the equivalent of 40% APR when in fact is really about 500%- these loans are expensivo!
Over 85% of all applicants fail to repay their loans on time and in full, meaning roll over charges are a universal fact to the unsecured personal loan industry.
And over 90% of all applicants will return for a second advance within a single year - its expensive, dangerous, and addictive, what more can you say but to watch what you eat.

But who is eating? In all honesty where do these numbers come from? the fact of the matter is the numbers also reflect those unwanted guests that continually sneak into our unsecured personal loans freezer and nibble all night on fast cash advances. Is it really fair to base the numbers for an entire industry on the actions of a minority? Apparently so.

The minority eats the moon

its said that the average user of unsecured personal loans applied for 4 advances annually - but thats extremely misleading. The average number is about two for the great majority of people ever applying for unsecured loans, and the difference is made possibly by a small group of people taking out unsecured personal loans once for every other pay period, or about 12 a year. Who are these people, and how do they get into our stores after hours when were not looking?

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