If there’s one mistake you don’t want to make in life, it’s taking out a bad loan. Suddenly you’re in debt and stuck with bad terms. Your repayment period is unrealistic, the interest rate is sky-high, and your credit ends up in the gutter. Lucky for you, it’s a mistakeRead More →
What is a payday loan? payday ready are generally short-term unsecured loans characterized by high interest rates that generally do not require a credit check. Although there is no exact and universal definition of the term, the US Consumer Financial Protection Bureau indicates that this type of loan is usuallyRead More →
Payday loans target consumers with no credit or low credit. According to industry research firm IBISWorld, the U.S. check cashing and payday lending industry is set to grow 5.1% in 2022. These high-interest loans promise quick cash until the next paycheck arrives, but they often create dangerous cycles of newRead More →
Writer opposes payday loan bill Dear Editor: Recently, I was appalled to learn of a proposed bill at the Indiana Statehouse offering a “solution†to the payday loan industry. SB 352, dubbed the supervised consumer lending bill, claims to benefit the too many struggling Hoosiers who use these predatory services.Read More →
Nigerians looking for a quick influx of cash to meet their expenses have various options to purchase the best loans according to their needs from licensed commercial banks.  Rather than going to loan sharks or borrowing from bad loans application sitesthese payday loans offers can be great for you, especiallyRead More →
Access Bank payday loan is something people remember in the first round when there is a need to raise funds for urgent needs. It is a fast loan, supposed to be repaid quickly and it is a real first aid in certain situations. Want to know how to get suchRead More →
Customers who have fallen victim to unaffordable payday loans only have days to ensure they get cash back before their lender goes into administration. Cash compensation is sent to thousands of customers who have taken out loans from Money Shop, Payday Express and Payday UK customers. But watch your bankRead More →
A coalition that wants voters to decide how Michigan should cap interest rates on payday loans won approval on Tuesday for its sketchy wording for a petition to bring the issue to the November 2022 ballot. Members of Michiganders for Fair Lending told the Board of State Solicitors that paydayRead More →
Trade Groups Challenging the Payment Provisions of the CFPB’s 2017 Final Rule on Payday Loans/Auto Titles/High-Rate Installment Loans (2017 Rule) filed their opening brief with the fifth circuit. The Business Groups appealed to the Fifth Circuit from the final judgment of the District Court granting the CFPB’s motion for summaryRead More →
OAKLAND PARK, Fla. (PRWEB) October 20, 2021 National Payday Loan Relief celebrates 15 years since they started the Payday Loan Consolidation Program. This program has helped thousands of Americans wallow in payday loan debt regain their financial freedom. Through this program, the company takes responsibility for settling an outstanding paydayRead More →
Image source: Getty Images Before visiting your local payday lender, consider the alternatives. If you’re looking for a small loan, you might be tempted to use a payday lender. After all, they make it look so simple: walk in, provide some basic information, and walk away with the money youRead More →
Oakland Park, FL (PRWEB) August 14, 2021 Covid-19 hit the world by surprise in March 2020, and since then life has taken a dark turn. This pandemic has grabbed the world by the neck, from the loss of families and friends to the virus, to job losses and business failures.Read More →
The key is to shop around and find a loan at the most affordable rate and with the most favorable terms possible. If you are able to get a personal loan, you can significantly reduce the interest rate and borrowing costs you pay compared to payday loans. More of yourRead More →
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MEMPHIS, Tenn. – Tens of millions of people continue to struggle as the pandemic spreads and many of them are among the millions of Americans who are turning to payday advances to try to make ends meet. They offer quick cash, but their easy access traps debtors in a cycleRead More →
If you are looking for a quick and easy way to get some cash, payday loans might be the answer. These loans allow you to borrow money against your next paycheck, so you can have the cash you need right now. However, payday loans come with high-interest rates, so itRead More →
If you decide on a payday loan is the best option for you, you’ll want to know how much you can borrow. The difference between using licensed or unlicensed lenders is that unlicensed lenders operate outside the parameters of the law. This is why it is important to use aRead More →
Kesha Warren needed a short-term cash injection of $1,250 to cover payroll costs for her small janitorial services business. In 2019, she took out an auto title loan, a short-term loan that uses the borrower’s vehicle as collateral. She says she has been cut off from more traditional bank loans.Read More →
pathdoc / Shutterstock.com This story originally appeared on The Penny Hoarder. A payday loan can provide quick respite from unexpected expenses or a run of bad luck. But if you don’t have enough money to repay the loan on your next payday, you may need to take out another loanRead More →