by Renee Moore

Created on: April 15, 2008   Last Updated: May 20, 2008

So often in life we are faced with unexpected situations. With the cost of living becoming so high many of us are living paycheck to paycheck. One little unexpected expense can put us drastically behind. When this happens, a good option is a payday loan! If you are wondering if a payday loan is for you consider these 10 common reasons other people are getting payday loans.

1. Unexpected Car Repair
You're getting ready to head off to work in the morning and it happens! Your car won't start. You don't get paid for a week, how on earth are you going to be able to fix the car?

2. Moving Deposits
You're looking for an apartment or house and you find the perfect place! The only catch is you have to pay a deposit as well as first and last month's rent.

3. Unexpected Travel Expenses
Whether a friend is getting married or a relative falls ill, you may need to travel unexpectedly. As we all know, buying an airline ticket last minute can be quite expensive.

4. Unexpected Home Repair
The water heater broke! This needs to get replace as soon as possible but you don't have quite enough money to cover the cost.

5. Gifts
It's your daughter's birthday this weekend and you want to throw her a party. It's going to cost a couple hundred dollars that you don't have.

6. School Tuition
School is getting ready to start and tuition is due today. If you don't pay it on time you will not be registered for the class.

7. Bad Credit History
Some of us just don't have good enough credit to get conventional loans when needed. Luckily, credit history usually isn't an issue when getting a payday loan.

8. To Pay Bills
For some reason or another you fall a bit behind on your bills. To avoid paying late fees it's often cheaper to get a payday loan.

9. Medical / Dental Emergencies
We never know when a medical or dental emergency will hit. Whether it's a chipped tooth, bad case of pneumonia, or broken leg, it's going to cost you.

10. Daycare
When enrolling a child in daycare they often ask for a registration fee along with the first month be paid up front.

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