Payday Loans When Unemployed: Try These Better Options First

By Jake Hill | Feb 16, 2024 | Comments Off on Payday Loans When Unemployed: Try These Better Options First
There's a good chance you'll qualify for a payday loan even if you're on unemployment. DebtHammer explains what you need to know and the risks involved.

Steady employment or proof of income is usually a key factor for payday lenders in determining your eligibility for a loan. If you lose your job, you won’t have a regular paycheck. This could make it more difficult to get a payday loan, particularly if you have bad credit. But what if you’re desperate and […]

Stuck in the Debt Trap? These 11 Debt Relief Programs Can Help You Break Free

By Rebecca Stumpf | Feb 16, 2024 | Comments Off on Stuck in the Debt Trap? These 11 Debt Relief Programs Can Help You Break Free

Credit card use continues to soar even as the interest rates have risen dramatically, often exceeding 20%.  The Consumer Financial Protection Bureau (CFPB) estimates that outstanding credit card debt will continue to set records and may even hit $1 trillion. If you’re struggling to make your monthly payments and it seems like your credit cards […]

7 Reward Apps + 6 Gas Station Loyalty Programs to Save You Money

By Rebecca Stumpf | Feb 15, 2024 | Comments Off on 7 Reward Apps + 6 Gas Station Loyalty Programs to Save You Money

Gas prices tend to rise as spring approaches and people start to plan road trips. This year is expected to follow the trend. Retail prices have already started their annual climb, and every little bit of savings can help. If you need to save money when filling your gas tank, these apps and loyalty programs […]

States Where You Go to Jail for Unpaid Debts

By Rebecca Stumpf | Feb 15, 2024 | Comments Off on States Where You Go to Jail for Unpaid Debts

Not paying consumer debts, like credit cards or loans, won’t usually result in jail time because this isn’t considered a criminal offense. However, several states allow you to go to jail for unpaid debts like federal taxes or child support. The real reason most debtors go to jail is because they failed to appear for […]

12 States That Will Pay You to Move There

By Rebecca Stumpf | Feb 9, 2024 | Comments Off on 12 States That Will Pay You to Move There

The remote work trend is here to stay, creating a new level of mobility for many workers. If you’re a digital nomad, you may be looking for a new living environment with lower housing costs and less stress. Some of those environments are also looking for you. Towns all over the United States are working […]

Tribal Payday Loans and Lenders: Everything You Need to Know

By Jake Hill | Feb 8, 2024 | Comments Off on Tribal Payday Loans and Lenders: Everything You Need to Know
Tribal payday lenders are dangerous because they're allowed to sidestep state laws capping payday loan interest rates. DebtHammer explains how to protect yourself.

Payday loans are bad, but tribal payday loans are even worse. It’s important that before you get any short-term loan, you know whether you’re borrowing from a traditional payday lender or one based on Native American tribal land. Everything you need to know about tribal payday loans If you need an emergency loan, here are […]

DebtHammer Newsletter #17: The Tools You Need to Become Debt-Free

By Rebecca Stumpf | Feb 8, 2024 | Comments Off on DebtHammer Newsletter #17: The Tools You Need to Become Debt-Free

We’re already into February and Punxsutawney Phil didn’t see his shadow, which theoretically means an early spring is on the way. But before you start packing away the winter coats until next year, there’s one pressing issue: The holiday bills are coming due. And many families are struggling to pay them. Use of Buy Now, […]

5 Types of Unsecured Debt to Consolidate Now

By Rebecca Stumpf | Feb 7, 2024 | Comments Off on 5 Types of Unsecured Debt to Consolidate Now

Debt consolidation doesn’t just save you money. It also simplifies your financial life by rolling everything into a single monthly payment, sometimes with longer repayment terms. This will not only simplify your payments, but it also can ease your budget crunch by lowering the amount of money that you have to commit each month to […]

How to Pay Off Credit Card Debt Over $10,000

By Rebecca Stumpf | Feb 6, 2024 | Comments Off on How to Pay Off Credit Card Debt Over $10,000

The more credit card debt you have, the harder it can be to pay off due to compounding interest charges and minimum monthly payments. Fortunately, there are debt relief solutions for most forms of consumer debt, including credit cards. Whether you owe $10,000 or $25,000 in credit card debt, following these strategies will help you […]

What Happens to Your Credit When You Get Married?

By Rebecca Stumpf | Feb 5, 2024 | Comments Off on What Happens to Your Credit When You Get Married?

According to the National Center for Health Statistics, there were 2.1 million marriages in the United States in 2018. Most people who get married don’t even think about what happens to their credit after they say “I do.” But marriage will affect your credit score – for better or worse. Will your spouse’s debt become […]

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