Payday Pundit

An Ohio State University professor details what employees can do to be considered “most valued employees” by their boss. Listed in what not to do:

• Do not ask your employer for loans and pay advances. Your employer is not a banker. Asking for loans and pay advances suggests that you cannot manage your finances. Such a negative evaluation of your personal management abilities may threaten future career advancement.

The Center for Responsible Lending lists “ask your employer for a salary advance” as an alternative for payday loans. While it may be an alternative, it may not be good for your career.