Tuesday, March 25, 2008

Loans, Mortgages & Credit - needed by most!

Is there a need for payday loans? I am not sure but the fact is there comes a time and a place that everyone needs a little extra cash. When I first moved to the state that I live in now, I found my self just in that predicament.

I had just moved and bought a new house. My wife and child had not moved with me at the time and the loan on the new house had not closed. I found that the small cash downpayment that I was using to close the house loan had not been transferred to my new account here.

Well, I was very distraught and needed some quick money. I went to a local banker who did not know me at all but knew that I was new in town and was trying to by the house across from him. You would not totally consider what he gave me as a payday loan, but it was similar. He gave me the loan and asked me to pay it back with my next paycheck.

I was in need and somone came through. There is a time and a place for most things.

This loan was greatly appreciated.

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