Cash Loan Crisis - Debt Consolidation Loans

Debt Consolidation Loans - A Growing Concern

Debt - can't live with it, and in America there is no realistic way to live without it. Its at the top of our minds all day every day - debt debt debt. How did I get so deep? How do I get out now that Im in? I'd apply for debt consolidation loans but I can't qualify and there just isn't any time. I need money now - NOW I say! And a cash loan against my upcoming paycheck is the only way!

Desperate times don't always call for debt consolidation loans

If you're in debt up to your eyeballs and can't qualify for the traditional forms of debt consolidation, what do you think is going to happen if you consolidate whatever debts you possibly can into a small, fast, ultra-expensive payday advance?

You'll only pay off a portion of the problem. Most debt consolidation loans are for thousands of dollars - payday advances usually max out at abut $500. You'll only chip away at the debts you face, not cure them.
You are guaranteed to pay a higher rate through a payday advance than any form of debt you might have. Credit cards, mortgages, car loans - they are all urgent debts to be sure, but none carries anywhere near the 500% APR seen with most cash advances.
Chances are you'll wind up right back where you started - deep in debt.

is that the kind of aid you were looking for? A temporary vacation from reality? A translation of your obligations from one form to a more expensive other?

The need to find debt consolidation loans today is so great that most of us will do anything to get it, to secure those funds and stay on top of these obligations threatening to tear us down. But in our earnest we reach a little too far, get a little too desperate and might wind up doing something so against our goals of debt reform as applying for a fast, easy payday advance. Thats not debt consolidation, thats debt encouragement.