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Is it possible to take out a pdl which I can repay with my next paycheck, not the immediate one?

Submitted by varrier on Thu, 08/15/2019 - 20:15
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Is it possible to take out a pdl which I can repay with my next paycheck, not the immediate one?


When you are taking out a pdl, you have to repay it with your next paycheck only! Else, it's gonna be insurmountable to pay off with your next to next paycheck, due to its high APR and finance charges.


Submitted by Craigh.terry on Thu, 08/15/2019 - 23:48

Craigh.terry

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It is always better to take out a personal loan or you can also charge the amount in your credit card. If you can't repay the amount with your next paycheck, it is better to look for alternative options. When you know that you won't be able to repay the pdl with your next paycheck, why don't you look for other options? Don't play with your finances in such a way.


Submitted by Mabelle Page on Mon, 08/19/2019 - 23:46

Mabelle Page

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Impossible.

The interest rate on a payday loan is so high, that it's impossible to pay it off with your next 2 paychecks. And, why do you need a payday loan by the way?


Submitted by Nick Jonas on Wed, 08/21/2019 - 02:20

Nick Jonas

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