Is there a pay day loan company that gives loans to people who receive social security?
Asked by
silky1 (
1510)
July 20th, 2011
Just wondering. Or do you have to have a regular job?
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7 Answers
My Mother In Law was able to get loans on her Social Security Disability, so I suspect that you could. I believe she also used her car as collateral.
She now has a certified payee who manages her money for her, so she doesn’t run out.
Not really an answer to your question, but I strongly advise avoiding payday and title loans.
@Nullo is correct. Most of these things are scams that can result in you loosing your car, because they’re taking advantage of people in desperate circumstances.
~~ If you are young enough, they will take your first born for collateral. ~~
Most pay day loans are to pay for something you REALLY DON’T need.
There is a need to find community support or a nonprofit credit counseling.
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