{"id":6711,"date":"2016-03-17T17:01:37","date_gmt":"2016-03-17T17:01:37","guid":{"rendered":"\/?p=6711"},"modified":"2018-12-28T20:30:38","modified_gmt":"2018-12-28T20:30:38","slug":"3-practical-but-uncomfortable-alternatives-to-payday-loans","status":"publish","type":"post","link":"https:\/\/financeguidetoday.com\/loans\/3-practical-but-uncomfortable-alternatives-to-payday-loans\/","title":{"rendered":"3 Practical (But Uncomfortable) Alternatives To PayDay Loans"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">When you\u2019re in a bind, it can be really tempting to take out a payday loan. But, before you sign your name on the dotted line, take a moment to ask yourself if you\u2019ve explored all your options yet. Studies show that nearly 80% of borrowers had other means of covering their shortage of cash. Some of the alternative options include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Borrowing from family: This is probably a lot easier said than done, but asking family members or friends to help you out with the shortage of cash may be a better option. <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Pawning items: Do you have anything of value that you can pawn? If so, pawn it. <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cutting back on expenses: Go through your expenses with a fine tooth comb to see what you could do without. Can you cut back on meals for a month? What about cutting back on how much electricity you use? You\u2019ll find that cutting back on expenses is a good alternative to freeing up cash. <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Although these are some great options, they may feel too \u201cextreme\u201d or \u201cuncomfortable\u201d. \u00a0But because pay day loans are hard to get out of, many borrowers will end up turning to one of these options \u00a0anyway.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you\u2019re in a bind, it can be really tempting to take out a payday loan. But, before you sign your name on the dotted line, take a moment to ask yourself if you\u2019ve explored all your options yet. Studies show that nearly 80% of borrowers had other means of covering their shortage of cash. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7076,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts\/6711"}],"collection":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/comments?post=6711"}],"version-history":[{"count":0,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts\/6711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/media\/7076"}],"wp:attachment":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/media?parent=6711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/categories?post=6711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/tags?post=6711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}