Although taking out a payday loan may seem like a quick solution to a temporary cash shortfall, it often sends borrowers deeper into debt. In fact, 80% of borrowers must roll over their payday loan or apply for another loan to cover the original payday loan. That means only 20% of borrowers can afford to […]
Can You Go to Jail for Not Paying a Payday Loan? Read More »
Opploans offers “online loans designed for you” with same-day funding to borrowers with bad credit in 37 states. But is Opploans legitimate, or just another payday loan lender that will leave you trapped in a cycle of debt? Opploans at a Glance APR Range 5.99% to 35.99% Loan terms Six months to three years Loan
Is OppLoans Legit — Or Just a Payday Loan Company? Read More »
Payday lenders make all sorts of threats, but can they actually follow through and take you to court? If you’re stuck in payday loan debt, you’ve probably gotten your fair share of threatening collection calls. And being threatened with a lawsuit is particularly scary. Courtroom trials may look glamorous on TV, but the courtroom is
Can a Payday Loan Company Sue You? Read More »
From payday loans to credit card debt, most Americans owe money in one form or another. In 2022, U.S. consumer debt hit $16.51 trillion. Juggling multiple high-interest payments can leave many borrowers struggling to stay afloat. Wouldn’t it be great to consolidate them into one single loan with one monthly payment? You can. Here are the best companies to help you
Here are the 4 Best Payday Loan Consolidation & Relief Companies Read More »
It’s difficult to ignore the TV reports and headlines about the many financial scams and fraudsters out there targeting vulnerable Americans, and payday loan scams are particularly notorious. Don’t become a victim. Learn to recognize these signs of common payday loan scams. Common Payday Loan Scam Tactics How do you know if the company offering
How to Recognize (and Avoid) Payday Loan Scams Read More »
If you’re stuck in payday debt and interested in payday loan consolidation programs, you’re on the right track. Payday loan consolidation programs or loans allow you to combine all your loans into a single, lower interest loan. However, you also need to watch out for payday loan consolidation scams. The payday industry is full of
Payday Loan Consolidation Scams: How to Avoid Them Read More »
A common question anybody struggling with payday debt has asked is, “Can I get another payday loan if I already have one?” The short answer is that yes, you can usually get another payday loan. However, you’ll likely have to turn to a different lender and the terms will be even worse than your original loan.
Can You Have Multiple Payday Loans? Yes, But You Probably Shouldn’t Read More »
Looking to learn the difference between payday loans and installment loans? We’ll break it down for you. Many Americans don’t have the cash to make ends meet when unexpected expenses arise. In fact, 58% of Americans have less than $1,000 in their savings account. Throw in a potentially catastrophic life event — a hospital visit,
Payday Loans vs. Installment Loans: What’s the Difference? Read More »
Retirement is supposed to be the kickoff to your golden years. Sadly, it’s a big worry for many Americans who don’t have enough savings to provide enough money for a comfortable retirement income. According to the Social Security Administration (SSA), about 21% of elderly married couples and about 45% of unmarried persons rely on Social
8 Best Loan Options for Seniors on Social Security (Regardless of Credit Score) Read More »
Ever checked your credit report and noticed something unusual? Perhaps a mortgage you didn’t take out or a credit card bill you swear you’ve paid? Credit report errors happen all the time. Fortunately, it’s easier to fix them than you might think. Common Mistakes on Your Credit Report Credit reporting is an imperfect system. More
How to Check Your Credit Report and Dispute Errors Read More »
