Are 100 day loans legit?

Question

I'm going on vacation and would like some extra money. I have poor credit. Are there any legit 100 day loans online?

Answer 1

Legit as in what? They do exist in those grungy nasty payday loan places in larger towns. They are a terrible option given the HUGE rates and charges slapped on the loan...money you already can't afford. Hate to say it but if you can't afford the vacation today, you really shouldn't take the vacation tomorrow...or ever. You need to stay and work, save and work toward living debt free/no more living paycheck to paycheck. It's not living. Your money should be working for you and not the other way around.

Answer 2

You can get what's called a payday loan, but I would advise against it. Google them. They have 2000% APR and are only advisable if you intend to borrow no more than £50 for literally 1-2 days. That way you'd owe about £58 back. However borrowing, for example £200 for two months, you'll be paying back about £500-£600 or more.