Mark Twain. Walt Disney. Milton Hershey. Abraham Lincoln. Cyndi Lauper.
What do they have in common? Before they became famous, each of them filed for bankruptcy.
Unfortunately, these famous people had money problems decades before you could login to a single Internet site to get financial help and peace of mind. Today you can find a payday loan vendor, and receive an online cash advance or personal loan to your bank account – sometimes within an hour! – all from the comfort of your own living room.
People from every walk of life can find themselves overrun with medical bills. Young and old, we shuffle balances on credit cards. Pay taxes late. And fall behind on rent.
Even the rich and famous put their trust in the wrong people and sometimes make the wrong financial decisions. Actor Kevin Bacon and talk show host Larry King come to mind, as recent victims of the Bernie Madoff fraud scheme. Though divorce, auto repairs, paying for children’s expenses and going on vacation are even more common drains that can put anyone behind on their bills.
Do something now to help yourself get through the difficult times and make that next payment. In addition to tiding you over until the next paycheck, an online cash advance or payday loan could help you sleep better at night, too.
Why do it the hard way when you can get a loan online? Spare yourself the hassle of comparing different vendors. Or driving around town. Or having to deal with rude or uninformed customer service people.
As a long-term strategy, you can use online personal loans as one of many tools to prevent yourself from becoming another bankruptcy statistic. When you have the back-up funding to pay your bills on time, you can protect your credit ratings – and bad credit can impact your ability to find insurance or even get a new job.
Keeping up with your bills also eliminates late fees and penalties. And it keeps creditors away. In short, with payday loans you can help protect your own financial future.
Most of us will never know the feeling of being a multi-millionaire like William J. Post III. Post won $16.2 million in the Pennsylvania State Lottery.
But we can all take action – perhaps in the form of a personal loan – to avoid Post’s eventual fate. Within one year of his big lottery win, Post spent his entire fortune, accumulated $1 million in debt and was living on food stamps to survive.
Even though an online cash advance wouldn’t have been enough for that big-spending lottery winner to stay above water, a payday loan could be just the fix to help the likes of you and me make it through another week.
And the best part is, we don’t have tabloids following us around: No one needs to know about your payday loan, expect you and your lender.