Disclaimer: DebtHammer may be affiliated with some of the companies mentioned in this article. DebtHammer may make money from advertisements, or when you contact a company through our platform. Paying off one installment loan is hard enough. Juggling multiple lines of installment debt is a nightmare. That’s why people are turning to installment loan debt …
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Aspen trees represent rebirth. And when you’re hit with money problems, who isn’t hoping the loan they turn to will get to the root of their financial problems and lead to a fresh start? You don’t want a loan that leaves you stuck in a cycle of debt. Aspen Financial Direct promises to lend you …
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What will happen if you close your bank account and default on your payday loan? Let’s explore the consequences and alternatives. 6 things that might happen if you default on your payday loan If you don’t pay back your loan, it is classified as a default and will lead to a whole host of troubles, including …
What Happens if You Close Your Bank Account and Default on a Payday Loan? Read More »
When looking for a personal loan, your focus is usually on the details — like fees, interest rates and repayment terms. But while these are important factors, one key issue outweighs the rest — ensuring that the loan company is legitimate. According to the Federal Trade Commission, about $3.3 billion was lost in loan fraud in 2020. …
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Payday loan borrowers are used to giving up their paychecks to their lenders, many of whom offer services that already border on predatory. In an industry so full of shady practices, it can be difficult to discern the scams from legitimate loan companies. Thieves frequently try to take advantage of the fact that many of …
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These days you can be sued for almost anything, and that applies to lenders. A lender can sue you if you don’t pay back a payday loan. Yes, payday lenders can sue you Yes, unfortunately, any creditor — including payday lenders — has the right to sue you and take you to court if you …
Disclaimer: DebtHammer may be affiliated with some of the companies mentioned in this article. DebtHammer may make money from advertisements, or when you contact a company through our platform. Debt relief can be a saving grace when your monthly payments become unmanageable. And the amount of debt you’re grappling with can spiral out of control …
Debt Relief or Bankruptcy: Which is the Best Choice for You? Read More »