Payday Loan Situations — Top 5 Emergencies Requiring a Payday Loan

Have you ever been half way to work and your car stops running? How are you going to pay the towing bill? How are you going to get to work? All these questions immediately run through your head. Don’t Stress! Get a Payday Loan. Below is a list of the top 5 reasons thousands of people get a payday loans to help with emergency situations.

1.Car Repair – The number one reason for a payday loan is an unexpected car repair. It happens to the best of us at the worse possible times. The towing bill alone can be over $100 in some places. The repair bill follows and you can’t even get to work. A payday loan can advance the money to get your car up and running in no time.
2.Utility Shut Off – You know the scenario, the disconnect notice for a utility arrives in the mail. You call to get an extension, but it just isn’t happening. The choice is pay the bill by the end of the week or it will be shut off. Instead of writing a bad check, get a payday loan. More than likely the fee you are going to pay for the loan will be cheaper than a reconnect or overdraft fee.
3.Avoid Huge Overdraft Fees – Did your spouse use their check card and failed to tell you? You just looked at your bank balance and realized that it will not cover a check you wrote. If that check is presented to the bank it will start a massive chain reaction in overdraft fees. Not to mention writing bad checks is illegal. A payday loan and will surely be cheaper than accumulated overdraft fees.
4.Prescription Medicines – It is a sad reality that many people do not have the proper health insurance to cover prescription medicines. When you have a sick child you need that medicine. If you’re a senior citizen maybe you rely on prescriptions to stay healthy. Whatever the circumstance may be a payday loan can help you purchase the medicine you need now.
5.Gas Money – Have you seen the price of gas lately? This is a growing problem for the average family. If you commute or own a large vehicle you cry every time you’re at the pump. Payday loans have become an increasingly popular way to get the cash you need to get to work daily. If you don’t work you don’t have a paycheck.

Don’t feel like you’re alone if you’re considering a payday loan. Thousands of people a day use this as a way to obtain the money they need in any emergency. When your savings has depleted a short term loan could be your answer.