The economic times as we know it may not be the best time to avail of a payday loan, especially when you consider that it has high interest rates when left unpaid on time. Still, there are special situations when a cash advance will be necessary. By the way, there is absolutely no shame in taking out a payday loan; everybody seems to be cash-strapped nowadays, anyway.
Sudden Death
Death comes like a thief in the night, which is either most unfortunate or most fortunate for the deceased, depending on which side of life he was straddling. For those left behind, however, the financial burdens of conducting the wake, the funeral and the burial can compound the feelings of loss.
Well, if you are at a loss about where to find the money to finance the unexpected funeral expenses, there is always a payday loan to see you through. Yes, even when the deceased had the foresight to take out a burial policy, there will be emergency expenses that are not covered by said policy.
Sudden Illness
As much as death requires those left behind to spend money, sudden illnesses require those taking care of the medical expenses to worry about money, too. Indeed, if you and your loved ones can avoid death and illnesses until you have gazillions of money stashed in the bank, then do so. But since these scenarios are virtually impossible under normal circumstances, perhaps a payday loan can assist in paying for the medical bills.
Again, even when you have medical insurance to pay for the hospital bills, unexpected expenses can and will crop up. It's best to be prepared especially when a life is at stake. You don't want to take out two cash advances in a row for different reasons, do you?
Sudden Eviction
Well, alright. That's an exaggeration because even the most jaded of landlords will provide prior notices of eviction for non-payment of rent simply because it's your right and it's his responsibility.
But for extreme cases when you absolutely have to pay the rent now or face sudden eviction, a payday loan ought to suffice. You can get it within the day, even before your landlord has thrown your belongings into the street. After all, it's no fun camping in a tent city when you can have a bed to lie on!
Sudden Car Breakdown
Yes, you wish for a Ferrari with a team of auto mechanics to keep it in tiptop condition. No, you don't have the money for a Ferrari and a team of auto mechanics because you were just daydreaming. So, what do you do when your precious car (and it's in the literal sense, mind you, what with the amount of money you spent to keep it running) suddenly breaks down?
You can take out a payday loan, of course! Just borrow what you need because, running or stalling car, you have to pay it. And please do find another mechanic who will not charge stratospheric prices for a land-bound car.
Just pray, too, that these special situations don't happen too often or you might just find yourself swimming in a sea of bills. (Or maybe suffering a nervous breakdown just like your car, which is never good).
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