Comments on: Direct Deposit Advance Loans – Aren’t They Payday Loans? http://www.creditinfocenter.com/wordpress/2009/04/15/direct-deposit-advances-loans-payday-loans/ For the Up To Date News Tue, 07 Feb 2012 22:26:40 +0000 hourly 1 http://wordpress.org/?v= By: dda vs payday loan http://www.creditinfocenter.com/wordpress/2009/04/15/direct-deposit-advances-loans-payday-loans/comment-page-1/#comment-9775 dda vs payday loan Sat, 28 May 2011 01:09:21 +0000 http://www.creditinfocenter.com/wordpress/?p=992#comment-9775 the fees from wells fargo are small (if you're getting $100 or less advanced) so how much higher is the APR with the regular/more expensive payday loan companies? the fees from wells fargo are small (if you’re getting $100 or less advanced) so how much higher is the APR with the regular/more expensive payday loan companies?

]]> By: Shaun http://www.creditinfocenter.com/wordpress/2009/04/15/direct-deposit-advances-loans-payday-loans/comment-page-1/#comment-9768 Shaun Fri, 20 May 2011 13:26:55 +0000 http://www.creditinfocenter.com/wordpress/?p=992#comment-9768 I used DDA after finishing graduate school and relocating to a new state. Money was tight and I hadn't worked in 2 years. The service was great and I used it in conjunction with a budget. After a few months I was back on track with bills and created a nice savings for myself. I suggested the service to my husband at the time boyfriend and it has been a train wreck for him the entire time. It's like a credit card philosphy some people know how to use them and some people don't. I used DDA after finishing graduate school and relocating to a new state. Money was tight and I hadn’t worked in 2 years. The service was great and I used it in conjunction with a budget. After a few months I was back on track with bills and created a nice savings for myself. I suggested the service to my husband at the time boyfriend and it has been a train wreck for him the entire time. It’s like a credit card philosphy some people know how to use them and some people don’t.

]]> By: Samantha Lawrence http://www.creditinfocenter.com/wordpress/2009/04/15/direct-deposit-advances-loans-payday-loans/comment-page-1/#comment-9731 Samantha Lawrence Sat, 07 May 2011 21:48:59 +0000 http://www.creditinfocenter.com/wordpress/?p=992#comment-9731 I bank with Wells Fargo. I used DDA recently and it really saved me. My rent was due on the 3rd, my and my paycheck wouldn't deposit 'til the 5th. I was about $30 short for rent and they don't accept credit, so paying a $3 fee to advance $40 was much cheaper than paying a $40-50 late fee on my rent. I also called the bank rep who set up my account and she really did caution about using it because it can snowball. I think as long as it's used in small amounts and responsibly it can be a really great service. I bank with Wells Fargo. I used DDA recently and it really saved me. My rent was due on the 3rd, my and my paycheck wouldn’t deposit ’til the 5th. I was about $30 short for rent and they don’t accept credit, so paying a $3 fee to advance $40 was much cheaper than paying a $40-50 late fee on my rent.

I also called the bank rep who set up my account and she really did caution about using it because it can snowball. I think as long as it’s used in small amounts and responsibly it can be a really great service.

]]> By: jaycee http://www.creditinfocenter.com/wordpress/2009/04/15/direct-deposit-advances-loans-payday-loans/comment-page-1/#comment-8246 jaycee Mon, 03 Jan 2011 02:21:45 +0000 http://www.creditinfocenter.com/wordpress/?p=992#comment-8246 i use direct deposit advance at western federal credit union rather it be deposit in checking or savings account its their if i request it you also have 30 days to repay. The maximum is $500 and you pay back $525 but you to have five hundred direct deposit into either one of your accounts and it has to be two paycheck before being able to request it. Also be a member of the credit union for thirty days i use direct deposit advance at western federal credit union rather it be deposit in checking or savings account its their if i request it you also have 30 days to repay. The maximum is $500 and you pay back $525 but you to have five hundred direct deposit into either one of your accounts and it has to be two paycheck before being able to request it. Also be a member of the credit union for thirty days

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