Hey, Your LetmePayday Newsletter For 17 September 2022

This is your Newsletter. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [LPB]( [LPL]( [LetmePayday Newsletter]( You Might Like     [Learn more about Jeeng](  [Should you take out a personal loan or an auto loan to pay off your car?]( [Should you take out a personal loan or an auto loan to pay off your car?]( Personal loans and auto loans are very different. Here’s how to tell which will work best for you. If you’re in the market for a new car but don’t have enough cash on hand to buy it upfront, you’re likely thinking of taking out a loan to help finance your purchase. Depending on your situation, an auto loan or a personal loan could each be an ideal financing option. Both personal loans and auto loans are considered to be installment loans, meaning you’ll be making fixed monthly payments over a set period of time. That said, there are several key differences between the two types of lending products that are worth knowing about. Below, Select breaks down everything you need to know about using a personal loan versus an auto loan to buy a car, with a closer look at how interest rates, eligibility requirements, and loan terms vary between the two. Personal loans vs. auto loans The most obvious difference between personal loans and auto loans is that personal loans can be used to finance any type of purchase whether it’s wedding expenses, home repairs, or a new car. Personal loans can also be financed through lenders, credit unions, and banks. If you want more flexibility when it comes to what you’re using the money to finance, a personal loan is a good choice. [[icon] Read MoreÂ](  [Get the money you need](  [Is It Ever a Good Idea to Get a Cash Advance on Your Credit Card?]( [Is It Ever a Good Idea to Get a Cash Advance on Your Credit Card?]( Key points - Credit card cash advances come with high fees and high-interest rates. - Usually, you should try to avoid a cash advance. - There may be some circumstances where taking one out isn’t the worst idea, such as if you’re using it as an alternative to a costly payday loan for an emergency expense. Most of the time when you use your credit cards, you’ll be charging purchases. But there is actually a way to get cash from your credit card: you can do this by taking a cash advance. Often, this means simply going to the ATM or the bank and requesting one. Taking out a cash advance may seem like a good solution if you have an essential expense that you cannot charge on your card and that you don’t have the money to pay for. But, in reality, there are serious financial downsides to doing so. This doesn’t mean you should never take a cash advance — but before you do, you should seriously think about whether that’s the right move. There are some good reasons to avoid cash advances In general, cash advances should be avoided because they can be a very expensive way to get money. [[icon] Read MoreÂ](  You Might Like     [Learn more about Jeeng]( Connect with LetmePayday on Social Media Pages [Facebook]( [Linkedin](    [Unsubscribe](