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 »
What Happens if You Don’t Pay Back a Payday Loan
Will Payday Lenders Take You to Court?
Called by many names, payday loans, deferred deposit loans or check advance loans are short-term, high-interest loans that are usually for $500 or less and are appealing to those who need a quick fix until the next payday. However, with rates that can be as high as 400%, it’s unfortunately fairly common for borrowers to… Read More »
Stopping Bill Collectors from Collecting on Payday Loans
If you are tired of having bill collectors calling you up day after day to collect on your old payday loans, you are far from alone. If you have defaulted on a payday loan, often the lender will attempt to collect the overdue bill. However, if that doesn’t work, these accounts are often sold off… Read More »
Don’t Let Payday Loan Scammers Ruin Your Day
Everyone goes through challenging times in their life, which might result in considering the option of a payday loan. Some people go through with the loan, while others may fill out an application but never send it through. In either of these cases, your information may be shared with third-party companies. Not all of these… Read More »
How Payday Loan Consolidation Can Help
Are you stuck in a vicious cycle with payday loans that never seem to end? We know this can be a stressful situation that seems as if there may be no solution. However, don’t count yourself out yet. There are ways to end the cycle and break the chains that payday loans have you in…. Read More »