Women Use Payday Loans More Than Men.

Everyone has ever had financial problems. A payday loan is a fast and easy solution to your problems. Such loans cover your contingencies before next pay-check. Short-terms loans are very useful, even for people with bad credit. That’s why payday loans became very popular nowadays. More and more people rely on them.

According to Pew’s research, 12 million Americans used payday loans in 2010, and more than half of these people are women from 25 to 44 years old. The Colorado state government reported that 52.4 % of payday loan borrowers are women.

Why women get payday loans more often than men?

1. Females prefer stability, they want to have money just in case, for security and calmness. Men are ready to risk their money and won’t save money for extraordinary expenses.
2. Men earn more than woman. Men’s dollar in comparison with women’s 81 cents. Bills, rent, utilities…not always you can pay for all bills without payday loans.
3. Men’s house have simple decor- a sofa, a television, a refrigerator, a table, chairs-no things to make house cosy. Women buy many things, like pictures, vases, to decorate their apartment. Thus a woman will spend much time and money to set up her house.
4. Clothes, cosmetics, jewelry, perfume, shoes….All these things to remain beautiful and attractive, to feel happy and to relax.
5. Women often buy not necessary things. Men exactly understand the margin what they need and want.
6. When women see the word “sale”, they usually purchase, thinking they saving money. Men don’t pay attention on this word.
7. The real woman never goes past a beautiful dress. Men dislike to go shopping.
8. Women buy a lot of thongs spontaneously. Attractive showcases….A woman can’t remain indifferent. Men don’t have such habit.
9. Women spend money for something special, celebrating an important event.

Men and women…They are different, they have different views, different logics and it impact on their expenses.

Many people think that payday loans are very dangerous and can lead you to debt. It is very important to use right payday loans. Sometimes, pregnant women go into debt, using payday loans very often. They forget that these loans are created for little emergencies and have high rates. There are unsecured loans especially for pregnant women or special websites, aiming to help to get quick and secured cash.

Payday loans can be financial tools for you. If you use payday loans correctly, they will save you in your financial problems. You can apply for these unsecured loans even online. Time of the loan process, easy applications, short payment terms, efficiency-these are advantages of payday loans. Easy loans at WomensPersonalFinance.net should be used from time to time. You will avoid debt, if you will understand terms and costs of this type of loans.

 

 

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Tags: Cash Advance, Credit history, Debt, Financial services, Loan, Payday loan, United States, Unsecured debt

Category: Debt