this article provides a review of the ameriloan payday loan company http://www.moneysavingfreetips.com/ameriloan-payday-loan.html anyone ever borrowed a payday loan from this firm? and i don't like the idea of a faxless online payday loan, is this secure? is the company legit?
That seems more like a paid advertisement than a review or an article. They're legit, but no different than any other payday lender. Use caution. It is very easy to get in over your head with payday loans, particularly the internet lenders. If you must go that route, I would recommend paydayok.com. Their fees are 1/3 of Ameriloan's.
Payday loans are the worst thing you can do. They may say the interest rate is 10%, which sounds good. But that's for a WEEK, which is 520% per year. Borrowing from your credit card is cheaper than that. If you can really afford to pay it back next week, can you afford to wait to buy something until next week? And if you use your credit card, pay it off next week. You'll pay almost no interest.
