Mississippi Payday Loan Laws: The Ultimate Legislative Guide

By Nick Gallo | May 6, 2021 | Comments Off on Mississippi Payday Loan Laws: The Ultimate Legislative Guide

Statistics updated as of: February 10th, 2021 Payday lenders have proven that they’re nothing if not persistent. Humanity has been trying to get rid of predatory loans for so long that even the Old Testament reserves a verse or two for condemning them. Despite the literal millennia of effort to eradicate the practice, payday loans …

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The DebtHammer Newsletter #3

By Nick Gallo | Apr 2, 2021 | Comments Off on The DebtHammer Newsletter #3

“Look! Up in the sky! It’s the national debt of the United Kingdom!”“It’s the total GDP of Russia!”“No, it’s America’s student loan debt!” Don’t cry, little buddy. Joe Biden’s got your back. Probably. I’m going to go ahead and say what we’re all thinking. America’s student loan debt is getting just a teensy bit out …

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The DebtHammer Newsletter: Issue #2

By Nick Gallo | Jan 18, 2021 | Comments Off on The DebtHammer Newsletter: Issue #2

Lawmakers press forward as the battle continues. Payday lenders have been under fire for years now. Most of America’s left-leaning states have long seen the industry’s excessive interest rates as immoral, and the red states are increasingly coming around to that same point of view. Ironically, payday lenders’ transition to the internet seems to have …

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The DebtHammer Newsletter: Issue #1

By Nick Gallo | Jan 6, 2021 | Comments Off on The DebtHammer Newsletter: Issue #1

War… What is it good for? Not payday lenders. Giphy America is in the middle of a war. No, not the war on terror. Or the war on drugs. Or the war on poverty… Okay, so America is in the middle of a lot of wars. But we’re not talking about them right now. No, …

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How are Credit Scores Calculated?

By Nick Gallo | Nov 16, 2020 | Comments Off on How are Credit Scores Calculated?

There’s a lot of misinformation out there about credit scores. People have been perpetuating myths about how they work and what affects them for years, so it’s no surprise that so many others are confused about how their credit scores are calculated. But in truth, the process is pretty easy to understand if you can …

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Payday Loan vs. Installment Loan: Which is Better?

By Debbie Sklar | Nov 5, 2020 | Comments Off on Payday Loan vs. Installment Loan: Which is Better?

Are you considering taking out a fast cash loan? Before you borrow, take a careful look at your options. Falling into debt is something that’s never planned, but it is something that everyone needs to watch out for and be prepared for should it happen. For instance, if you become pressed for cash, whether to …

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Can Payday Loans Be Consolidated? Here’s How To Do It

By Amy Freeman | Jun 18, 2020 | 0 Comments

Yes, payday loans can be consolidated, but it can be difficult depending on your situation. Here’s how to do it: Stuck in payday debt? DebtHammer may be able to help. Things to consider before you consolidate If you’re considering consolidating your payday loans, there are some things to consider first to ensure that the process works …

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Everything You Need to Know About Predatory Online Payday Lending

By Kurtis Kendall | Jun 10, 2020 | 0 Comments

Borrowers that fall victim to predatory lending could end up getting scammed out of thousands of dollars of their hard-earned money, have their credit badly damaged, or could even face repossession of property. Knowing what predatory lending is, identifying it, and staying far away from those who practice it is essential in today’s world. What …

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