Payday loans and bad credit loans

Are payday loans helpful or harmful?
As everybody knows there are two sides of every story and this is an perfect example. You will ask why, and I will tell you, it is all depending of who gets the loan. Let me make it clear for you. If a poor man, with no big income, that has problems every month with paying all the bills gets a payday loans, well for that man this payday loan will be verry harmful because when he will loan he will have to pay a lot more than he loaned. Verry simple and verry clear for everybody I hope, because you must understand that payday loans are considered harmfull only by people who don’t have money to pay them back and they just want to get out of debt or just want to get into bigger problems.
Now you will all ask me who can be helped by a payday loan agency? Guess what!?! A lot of people!. Don’t be mean and say that nobody really got help from a payday loan agency because you know this won’t be true. Exemple number one: john, john is 30 years old, wife and two children, wife works from home on internet, jhon must go to work. He has a big steady income, this month he went to disneyworld with the children and wife, lots of fun, on the way home car broke down. The expences got bigger, another hotel night, getting the car fixed, and so on. After he gets home he realises that he needs another 500$ to pay all the bills. He finds a nice site that offers payday loans, apply for one, pays his bills, pays back the lender, happy end! Why happy end? Because nobody will know that he needed money, the interests woren’t such a big downside because they had big steady incomes, and so problems solved without having to go to a friend and having the talk about when are you going to pay him back and so on.
For john it was helpfull, because he used it wisely and only when he really need it, for the first man it just made him another problem.
think before you act and don’t forget, bad credit loans are not for everybody!