for a 1000 dollar loan at ace cash express how does the interest work. i know someone who cant get out of it.?
Asked By: reeves tile - 7/6/2010
Best Answer - Chosen by Asker
Well the interest usually works out to be over a thousand percent. The issue is that if you can't pay it back in full they will charge you another fee (like $100) plus the interest every two weeks. They don't take partial payments. This is the trap that people fall into. Most people can only afford to keep paying the... More
Answered By: Nutter B - 7/6/2010
Additional Answers (2)
Nutter B is right! The only way out is to make more money and cut out all possible costs. Sell items on ebay or some other site or to a pawn shop. Take a second job, any job, to earn a little more. Sell the car and take public transportation for a while. Cut off the cable, cell phone and other monthly bills you... More
Answered By: Alex - 7/6/2010
it's a very high rate. the lender doesnt want anyone to get out of it, of course. a 1000 dollar loan can be worth MUCH more than that.
Answered By: wg0z - 7/7/2010
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Legitimate Survey for Cash.Extra Money for You,Join Here!
$21/hr Start, Avg Pay $72K/yr Check Our Map of the 1700 Openings.
Click. Search. Apply. Free!
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.