Payroll Advance

[LVBrown1]

General question, co-worker asked me if I had heard anything about getting a payroll advance and them taking payments out of paycheck?
I have never heard of this but he said that he had heard of it?
Has anyone ever heard of this?

[moreluck]

I've seen an ad on TV about payroll advance loans.

check out "Paycheck Advance Loans" on your search. There's lots of companies doing them. Sounds dangerous to me.......especially if you aren't good with $$$.

[LVBrown1]

Not for me......asking for a co worker but he was told that UPS did it for the employees. Never heard of it so I figured I would ask here for him.

[DS]

If you are in dire straits and you need money,they can give you your holiday pay,but as far as spending money you dont have yet,I agree
with moreluck...its stupid.

[maybrown]

Originally Posted by LVBrown1

General question, co-worker asked me if I had heard anything about getting a payroll advance and them taking payments out of paycheck?
I have never heard of this but he said that he had heard of it?
Has anyone ever heard of this?

If it happens,they will charge you at least 30% APR . This is a worse loan in this country.

[xDELETEDx]

Originally Posted by moreluck

I've seen an ad on TV about payroll advance loans.

check out "Paycheck Advance Loans" on your search. There's lots of companies doing them. Sounds dangerous to me.......especially if you aren't good with $$$.

Ive seen some of those with a 99.25% APR. Stay far, far away from those.