There are a few different things that determine your ability for obtaining credit from a financial institution, and one of the most important among them is your credit score. Your score is an index that is designed to show your qualification status and how much of a loan or credit card limit you are allowed…. Read More »
Improving Your Credit Score After Payday Loans
Getting Out of Payday Loan Debt
When it comes to getting out of debt, whether related to payday loans or otherwise, you need a plan. Of course, you also then need to put that plan into play. This article will assist you in determining a plan. As you use this information, you’ll want to keep an eye on your budget and… Read More »
Debt Consolidation and Credit Score: How They Affect Each Other
If you are struggling with a number of credit card debts, payday loans, or other debts, one choice you may be considering is debt consolidation. Making this move allows you to pay off your loans more quickly, reduce your monthly payments, or both. But you may also wonder how debt consolidation can affect your credit… Read More »
Alternatives to a Payday Loan
Often, those who choose to take out a payday loan feel as if they have no other options. A payday loan can be quick and easy to obtain, which makes it seem like a good decision when someone runs into an urgent need for cash. However, many things make payday loans bad news, primarily the… Read More »
What are the Advantages of Payday Loans
When you are in an extreme financial pinch, payday loans, also called cash advance loans, check advance loans, post-dated check loans, or deferred deposit loans, seem like a quick and easy solution to tide you over temporarily. You need to pay rent, come up with cash for a medical emergency or want to avoid a… Read More »
If You Owe a Payday Loan, Can You Get Another
The chances of getting a second payday loan before paying off the first one is very low. Lenders can see that you already have a loan and will not approve you for another. There are some payday lenders that will extend a second loan, but you don’t have to dig too deep to realize why… Read More »
Are Payday Loan Consolidation Companies a Scam or Legit
Once you are in the payday loan debt trap, it’s difficult to get out. It’s likely that your bank is being auto drafted by your lender, which is probably generating expensive Non-Sufficient Fund (NSF) fees, you may be taking out more payday loans to cover your bills, and your original loan amount has skyrocketed. The… Read More »
What Happens if You Don’t Pay Back a Payday Loan
If you took out a payday loan, it was probably because you needed a quick influx of cash, perhaps to pay a bill or take care of a repair. The loan was fast and easy to get, and immediately solved a problem. The problem with payday loans is that it only takes one missed payment… Read More »
New! Letters to Creditors
SELECT A LETTER, CUSTOMIZE, AND PRINT IN MINUTES:
New! Debt Calculators
SEE HOW MUCH YOU CAN SAVE:
Map of Payday Loan Laws & Facts: Look Up Your State
