http://www.cashloancrisis.com/loans/personal-loans/instant-personal-loans/ Instant personal loans might help you out from a cash loan crisis, but they'll throw you straight into another. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Think your current Cash Loan Crisis is bad? Wait until you apply for instant personal loans: BOOM! $500 wired directly into your account only a short moment after you apply - no time to prepare, no time to react, just g o go go right from the beginning. But the money is there, and you'll spend those instant personal loans about as fast as you get them. Then things suddenly slow down, almost to a stand still - and suddenly its time to repay your advance. Crisis #2 begins when it comes time to repay your instant personal loans. You either do or you don't, but either way you are bound to face a major cash emergency. Option one - repaying your instant personal loans on time You're grateful for the opportunity given to you by instant personal loans - you took care of some very urgent demands, and you avoided all the fall out form bounced checks or late fees. So you repay the loan in a single swoop - and right away you are back where you started. Most lenders will approve your application for $500 in instant personal loans if you make at least $1200 a month in take home pay, or $600 per paycheck. But when you're paying $20 per $100 you borrowed, that means your entire paycheck goes into the repayment. Can yo live two weeks of your live with zero dollars? Didn't think so - and its back in line for another advance. Option two - the waiting game Or maybe you're not all that thankful for the money given to you at a moment's notice. Maybe your paycheck arrives, you see the big zero lurking behind that immediate repayment of your instant personal loans, so you decide pay off only a little and give yourself that much needed cash influx. Get ready - late fees for the financial tools are ridiculous, usually charging as much or more than the initial fee of $20 per $100. And this is a charge you'll face every two weeks! We're not sure what the better way is - to repay or not to repay. But we are sure that taking out instant personal loans is a great way to increase your levels of desperation and dependence on payday advances. Sat, 26 Jul 2008 15:00:00 EDT