Are you making less than $40,000 a year, don’t have a college degree, more than likely don’t own your own home, and are divorced or separated? This makes you are a prime candidate for a payday loan. Payday loans should be a last resort for people with poor borrowing history and little savings. It carries …
Considering a Payday Loan? Pros and Cons of Payday Loans You Should Know Read More »
You took out a payday loan, and now you feel like your hand is caught in an alligator’s mouth about to do the death roll and rip your arm off. That’s what a payday loan debt trap feels like precisely. If you’re looking for an escape, there are a few (legal) ways to stop paying …
When you are in a situation where you need a loan and think that turning to any of the approximately 23,000 payday lenders in the U.S. — almost twice the number of McDonald’s restaurants — is a good idea, think again. Debt is easy to get into and hard to get out of, just like …
Payday Loans vs. Personal Loans: Which is Better? Read More »
What are your options if you have no credit history and want to get a credit card or want to start building your credit? Having no credit history is also known as being “credit invisible,” a designation that affects 26 million Americans. A credit builder loan may be able to help. They are designed for …
Nothing keeps you up at night tossing and turning more than worrying about unpaid bills or a loss of income. Financial stress can be overwhelming. It affects your body and mind and leads to insomnia and sleepless nights. Take Dave in Missouri, for instance, who borrowed $2,500 over five years and paid $61,000 in interest. …
Money can be tight for most people. According to an article by CNBC, 63% of Americans have been living paycheck to paycheck since COVID-19 hit. That included 60% of millennials making over $100,000 a year, according to BusinessInsider.com. Budgeting can help and is a way to create a spending plan for your money. Keeping a …