American's living Paycheck to Paycheck

heydaralon
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Re: American's living Paycheck to Paycheck

Post by heydaralon » Sat Aug 26, 2017 6:31 pm

Smitty-48 wrote:Epic sunset going down here by the way, it's good to be the king.

I wonder what the poor are doing this evening?

Oh wait, no I don't, virtue signalling is for the progs.
Look at John D Rockafeller over here enjoying the sunset. I cant afford such luxuries as I live below ground in the sewers with the other impoverished mole people subsiding on garbage and living in a cardboard shanty town.
Shikata ga nai

Penner
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Re: American's living Paycheck to Paycheck

Post by Penner » Sat Aug 26, 2017 6:34 pm

What happens when they don't have the loan paid in full within the first month?
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Smitty-48
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Re: American's living Paycheck to Paycheck

Post by Smitty-48 » Sat Aug 26, 2017 6:38 pm

heydaralon wrote:
Smitty-48 wrote:Epic sunset going down here by the way, it's good to be the king.

I wonder what the poor are doing this evening?

Oh wait, no I don't, virtue signalling is for the progs.
Look at John D Rockafeller over here enjoying the sunset. I cant afford such luxuries as I live below ground in the sewers with the other impoverished mole people subsiding on garbage and living in a cardboard shanty town.
Yeah, well that's the impression given, with all the hysterical blubbering for the poor around here, like if Haitians think Montreal is a better go than Miami, they must be out of their fuckin' minds, Canadians all want to flee in the other direction, certainly come the winds of December.
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Okeefenokee
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Re: American's living Paycheck to Paycheck

Post by Okeefenokee » Sat Aug 26, 2017 6:38 pm

Penner wrote:What happens when they don't have the loan paid in full within the first month?
What happens if you don't pay your rent to your landlord?

What happens if you don't pay your mortgage to the bank?
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.

viewtopic.php?p=60751#p60751

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Speaker to Animals
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Re: American's living Paycheck to Paycheck

Post by Speaker to Animals » Sat Aug 26, 2017 6:45 pm

The same people who want unfettered immigration into the US and open borders are upset at the rise of payday lending. Go figure.

Smitty-48
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Re: American's living Paycheck to Paycheck

Post by Smitty-48 » Sat Aug 26, 2017 6:46 pm

Okeefenokee wrote:
Penner wrote:What happens when they don't have the loan paid in full within the first month?
What happens if you don't pay your rent to your landlord?

What happens if you don't pay your mortgage to the bank?
What happens when your multimillion dollar business starts to flounder?

What kind of interest rate do you think the banks will give you, on the cusp of bankruptcy?
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Penner
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Re: American's living Paycheck to Paycheck

Post by Penner » Sat Aug 26, 2017 6:49 pm

So I can give you a loan for $450, so you can pay your rent, BUT I expect that you pay me back the loan IN FULL in two weeks or I will force you to add another $50.00 to extend the loan time but then you will owe me $500 in two more weeks.
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Okeefenokee
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Re: American's living Paycheck to Paycheck

Post by Okeefenokee » Sat Aug 26, 2017 6:50 pm

Smitty-48 wrote:
Okeefenokee wrote:
Penner wrote:What happens when they don't have the loan paid in full within the first month?
What happens if you don't pay your rent to your landlord?

What happens if you don't pay your mortgage to the bank?
What happens when your multimillion dollar business starts to flounder?

What kind of interest rate do you think the banks will give you, on the cusp of bankruptcy?
In Pennerland, there are no multimillion dollar businesses. That's out of whack.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.

viewtopic.php?p=60751#p60751

Okeefenokee
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Re: American's living Paycheck to Paycheck

Post by Okeefenokee » Sat Aug 26, 2017 6:51 pm

Penner wrote:So I can give you a loan for $450, so you can pay your rent, BUT I expect that you pay me back the loan IN FULL in two weeks or I will force you to add another $50.00 to extend the loan time but then you will owe me $500 in two more weeks.
Then don't take the money.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.

viewtopic.php?p=60751#p60751

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Speaker to Animals
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Re: American's living Paycheck to Paycheck

Post by Speaker to Animals » Sat Aug 26, 2017 6:52 pm

Penner wrote:So I can give you a loan for $450, so you can pay your rent, BUT I expect that you pay me back the loan IN FULL in two weeks or I will force you to add another $50.00 to extend the loan time but then you will owe me $500 in two more weeks.

It's more like $15-$20 and the purpose of a payday loan is to provide you with a short-term loan that you pay off as soon as you receive your next paycheck.

If you cannot pay it when you get paid next, then you can roll it over for another $15-$20. That money is more like buying the right to put off paying a short-term loan in a short term.

Alternatively, you can just say fuck it and go homeless because you cannot pay your rent. There's that option too. Nice of you to want to make it for other people because you know their business better than they do.