http://www.livingrichlyonabudget.com/why-you-shouldnt-get-an-internet-loan Personal Finance Blog Thu, 24 Jun 2010 04:05:45 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.livingrichlyonabudget.com/why-you-shouldnt-get-an-internet-loan/comment-page-1#comment-112 Trevor Wed, 13 Jan 2010 19:12:49 +0000 http://www.livingrichlyonabudget.com/?p=399#comment-112 Thanks for pointing this out. I had never considered an online loan, but just assumed it was structured the same way "brick and mortar" institutions would. The digital age, to me, has really "devalued" people's view on money. Nowadays, we don't even see most of what we earn or what we spend; direct deposit and online banking have allowed us to stop worrying about the details of our finances, and we only care to look deeper when a problem arises, which sets up very nicely for financial predators. Sometimes the convenience of the internet can make things truly "too good to be true." Thanks for pointing this out. I had never considered an online loan, but just assumed it was structured the same way “brick and mortar” institutions would. The digital age, to me, has really “devalued” people’s view on money. Nowadays, we don’t even see most of what we earn or what we spend; direct deposit and online banking have allowed us to stop worrying about the details of our finances, and we only care to look deeper when a problem arises, which sets up very nicely for financial predators. Sometimes the convenience of the internet can make things truly “too good to be true.”

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