Why Do People Wear Payday Loans

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Don’t even get me started on payday loans I totally disagree with payday loans they are the most un-wanting, useless and unworthy loan which puts you in debit for the rest of your life! Payday loans are getting young people to borrow money so much money that they have to own it back for the rest of their life. How can someone live with so much debit dangling down form their head? Payday loans are persuading youngsters to come and borrow cash, they make it look so attractive that everyone wants to borrow I mean everyone want a good life where they have nice food, clothes and all the luxury someone can have ,but why do it with loans? There are other ways in which you can get all this and that is by getting a good education with great grades and …show more content…
you really want to go out with your friends on a Friday night but you don’t have money so you borrow form a payday loans and you are told to pay back within a week, then when one week arrives you don’t have the cash to pay back because you didn’t have any in the first place, in which they will start adding interest on your money and before you know you own £400 for 2 weeks. Some youngsters are influenced by parents because their parents have been borrowing loan so they think its ok for them to borrow. Which then leaves you in depression because can’t pay back because you don’t have a job. Everyone would love it if they got £200 in their hand within minutes without having to do anything who wouldn’t want that. But it is our job to tell them that borrowing would mean you need to pay back and only borrow if you know you can pay …show more content…
So that is why I think if youngsters are coming to get loans we should advise them to think before they

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