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Don’t Plan on Financing Your Move with a Payday Loan

by Tony Gonzalez July 27, 2010 2:03 PM
Moving can be expensive, when you factor in the cost of movers, taking time off work, and, if you are downsizing or trying to sell a house, putting some possessions into self storage. Despite the expense, if you have to go into debt to pay for all your moving expenses, it is better to find a way to do so without taking out a payday loan. Payday lenders tend to charge exorbitant interest rates. Even a credit card will charge a lower -- MUCH lower -- interest rate than a payday loan will. A better way to finance the self storage side of your move is to go to a self storage company that offers the first month free. Or, if you are a student, are retired, or are a veteran or an active member of the military, try going to a self storage company that offers discounts to students, retirees, veterans, or military families. You may be able to find movers that will offer discounts, as well. [More]
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