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Posted: Sun Dec 23, 2007 7:40 am Subject: My warning about PDLs

I would advise anyone against getting one because 99.9% of the time PDL=predatory lending.

Posted: Sun Dec 23, 2007 10:07 am Subject:

I totally agree! I think many of us would have NEVER taken the first one if we could do it over again, and know what we know now.

Posted: Sun Dec 23, 2007 11:02 am Subject:

I am not proud of the vicious circle I allowed myself to get in with PDL'S, but I sure learned a valuable lesson. I now have two jobs to keep me going, and I will work both of them until I drop before I EVER borrow from a PDL again, that is a promise I made to myself.

Posted: Sun Dec 23, 2007 11:14 am Subject:

Good point by you, JCEMT - PDL = PreDatory Lending.

Posted: Mon Dec 24, 2007 12:12 pm Subject:

Amen to that! Please, please listen to him. These jerks can make your life a living hell. It is never worth it. Hopefully more and more states will go after these guys and shut them down!

Posted: Tue Dec 25, 2007 3:03 pm Subject:

Amen!! PDL= Predatory Lending and D.E.B.T.

Posted: Wed Dec 26, 2007 9:36 am Subject:

I totally agree! Once you get started with them, they are hard to stop because it seems you always need to borrow to cover what you owe and next thing you know, you are worse off then you were before. Stay away from these type of loans, far, far away!!! Look for help else where, and do not take out a pdl!

Posted: Wed Dec 26, 2007 9:42 am Subject:

This Christmas Eve I was searching through piles of old receipts that I throw in a box hoping some cash would be mixed in. I was so tempted to take a payday loan that I felt like a junkie with my Jones going on. I found six bucks with which I bought a couple of necessities. Now I am at work and my December last check is here with nothing coming out. I feel like I won the battle. Can't wait for the New Year!

Pachacutec · Posted: Thu Dec 27, 2007 11:09 am Subject:

I tell you what, when I look at the money I've paid to these companies, it makes me want to cry. They are SO easy to fall into, wish there was a way, at least on those internet loans, that somehow a big "warning" sign could be posted on the screen every time someone wanted to enter a payday website. About the only positive thing I can say that came out of this is that I learned a very hard lesson...

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My warning about PDLs

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