Saturday, March 19, 2011

Payday Loans.

What exactly is payday loans?

According to Wikipedia, a payday loan (also called a paycheck advance) is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. Most of the people do this because they needed it in advance or in other terms, they needed the money before the payday. In some other companies they allow this. But other don't.

In some work, especially those domestic helpers, if they are trustworthy enough, their bosses will allow them to get their advance salary. And it's a kind of thing that Filipinos do. Trust their maids.

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