I read a blog post the other day that listed the pros and cons of getting a payday loan, why you should get one, and things to remember when you do get one. It was completely horrible and misguided financial guidance. In fact I assume it was written by someone in the evil industry. The post was so cringeworthy that I decided to leave a comment linking to this video below from John Oliver’s popular HBO show Last Week Tonight.
If you think payday loans are ever, under any circumstances a good idea please let me know. I can think of dozens of better alternatives, and that starts with missing a payment if you have to, selling what you can’t afford (house, car, etc.), and reversing your financial mistakes as quickly as possible.