Reserve Bank

I did not think possible. But it is. Friends, there is something worse out there that make daily expenses on a credit card, then carrying the balance. The guys I'm going to tell you about the credit card people look downright benevolent. Know your neighborhood salon smile cash advance.

These are legal loan sharks by names such as EZ Money, Cash N 'Go, Red E in cash, in an instant, the money tree, and others. Here's how it works. Do you want money now. Payday is not for within two weeks. So in front of the store of loans.

Just show your driver's license, bank account and payment of wages. Write a check dated two weeks for, say, $ 200. A minute later, you are back on the street, comforting to $ 170 a lump in their wallet. Two weeks later, deposits loan store your check. Pretty cool, huh? What is that? You say that your check was $ 200, not $ 170? Do you remember the mention of a "small convenience fee? That's the missing $ 30. What would you say if I told you convenience fee Ela small "amounted to an annual interest rate 416%? What these lenders get away with this high rate when the credit card companies are limited to 24% or mourn less (me a river)? Because, technically, you pay no interest. Only a flat rate. What are the alternatives? Just try to go to a bank and borrow a couple hundred to a few days. I can still hear the laughter loan officer. Not a sound enough. A great alternative goes by many names. My bank calls it "Book List." It is a revolving credit line tied to my checking account. If I write a check for more than the balance of my account, good ol 'Ready Reserve in money transfers to cover the check. Next payday, which covers the Reserve Bank saying that applies a portion of my deposit in reserve account. There is a small annual fee (around $ 10), in addition to credit card fees apply to balances up. If your need for money is really time to time, for unforeseen emergencies (unforeseen emergencies there?) Try to be your lender very quickly. Make a garage sale, finishing a few things or take part-time or temporary work to bring a few hundred dollars on a war chest. Here, Andrew Cuomo expresses very clear opinions on the subject. Take the money and buy traveler's checks. The saved, just not sure where. When you need the money, write a check, put it in your stash, and take travelers checks. Next payday, buy traveler's checks and more "redeem" your check. Failure to do so, most of you will not pay for the cache. (Note: Some travelers checks expire. Be sure to redeem them for further examination before the expiration date.) If you are short of money month after month, you need to make more money. Taking a step forward in $ 200 cash 10 times a year will cost $ 300 a year or more. show how to find more and better results in all facets of his life. For more articles on the abundant life, vibrant, joyous life, come to