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Has anyone ever taken a cash loan from a place like Cash Converters Financial loans? Just to tide them over? I need a few hundred dollars quickly and a cash loan seems to be my only option. My concern is that I can't pay it back in 1 lump sum, I'd have to pay it back weekly.
DONT DO IT!
The intrest on those 'cash loans' are rediculous. You HAVE to pay it weekly, and you end up paying something like 35% interest by the end of it.
i know of people who rely on cash converters to get them through.. they get monthly pay, and are terrible at budgeting. im not sure how repayments work.. but i think its very high interest.