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royalfarmschicken t1_jd1crns wrote

Do NOT get a payday loan. You will seriously regret it.

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Thisteamisajoke t1_jd1kjrd wrote

If you can, you'd be much better off getting a cash advance on a credit card, if you absolutely need the money. Also, I'd recommend going to the storage place. Bring something that shows you have a new job, and ask if they will give you a chance to pay after your next check. They'd probably rather have your rent than auction it, honestly.

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jfrenaye t1_jd2gglh wrote

Go to the storage unit and show them you have a job and can get it resolved. They likely will pull it off the auction block and re-schedule it for the next one. Even more convincing is if you can bring them a job offer letter. If nothing else, it will buy you another month to come up with the money.

Honestly $300 is not a huge amount in the grand scheme of things--maybe do a GoFund me? I'd be in for a few bucks.

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JustANonner t1_jd2m85j wrote

Please don't get a payday loan. Growing up, my mom used payday loans and it wasn't good. Maybe work something out with the storage place. If anything, keep us posted and maybe some of us on here can help you out.

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Animanialmanac t1_jd2iugd wrote

May I suggest you try your local community group or one of the loan subreddits. I’ve loaned to local people in the past through these groups, they vet the loaner and recipient. The interest is much lower than any payday loan, in some cases no interest. I don’t know how to link the subreddits in a comment, try searching for the r/borrow group.

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soph_lurk_2018 t1_jd2fdg4 wrote

Pay day loans are illegal in Maryland so there really isn’t anywhere to go for a legitimate pay day loan.

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jabbadarth t1_jd2ihc2 wrote

That's not technically true.

MD just restricts the amount of interest a payday loan company can apply. For a loan up to $1000 the max is 24% or 2%/month. It changes as the loan amount increases.

https://debthammer.org/maryland-payday-loan-laws/#:~:text=loan%20in%20Maryland%3F-,Payday%20lending%20status%20in%20Maryland%3A%20Prohibited,their%20typical%20triple%2Ddigit%20APRs.

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guest0112 t1_jd2vpb8 wrote

Insert tribal loans. Which, if I had to guess, is what OP found. Tribal loan company with an “official” sounding name “Great American Financials” or “American River Loans” (hypothetical examples)

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jabbadarth t1_jd2y9ky wrote

Yeah online seems to be exempt as they are located outside of the state.

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guest0112 t1_jd30328 wrote

Looks like we found the first easy bill Wes Moore could accomplish that should make both Dems and republicans happy

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soph_lurk_2018 t1_jd37rug wrote

Yes but the reality is most pay day loans have usurious interest rates so it makes their business scheme illegal.

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Main-Equipment-3207 t1_jd2mtgj wrote

Payday loans are designed to ruin your credit. They should be illegal!

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NewrytStarcommander t1_jd2shsv wrote

Don't do it. Go to the storage place, pay down all you can and talk to the manager, along with proof of employment, and your next pay date. That fails talk to your bank (and it's always a good idea to have a local bank, not a faceless corporation) about a short personal loan. Or if you have a credit card put it on there. This last is also not a great option but way better than a payday loan place.

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mickeyflinn t1_jd2k4gz wrote

> Where should I go for a legitimate as possible pay loan?

No where. There is no such thing as a legitimate payday loan. I would go talk to the storage unit company.

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SpacePueblo t1_jd2mgms wrote

You might want to look into some of these online banks that offer paycheck advances like Chime bank. I don’t have personal experience with them but I hear they’re helpful to some people.

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proviewplayr t1_jd2vs3v wrote

Don't do pay day loans. You'll be trapped in this endless loop. Doordash, lyft are better options.

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treeriot t1_jd2wxor wrote

I’m already doing instacart. I now have a full time job though, so I can’t do it all the time. Waiting for the paycheck to deposit from the full time job every two weeks is rough

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[deleted] OP t1_jd2x5cn wrote

[deleted]

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treeriot t1_jd2xeh3 wrote

Thanks all, won’t do a payday loan. I’m trying to do a loan in Reddit r/loans.. though currently it says I can’t post?

And I’m going to take my pay stub to the storage unit today.

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Emotional_Camera_617 t1_jd8rego wrote

Payday loans are illegal in Maryland so you probably wouldn't be able to even get one

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milkmomma22 t1_jdbcmao wrote

Consider joining the sub personalfinance for help/ideas to budget and get ahead, or atleast legit places to get $$

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