Payday loans are a notoriously expensive form of borrowing. However, their interest rates are often unclear. That’s because many payday lenders express their costs as a flat fee instead of an annual percentage rate (APR). This often leaves confused borrowers wondering whether their payday loan interest rate is fixed or variable. Our take Stuck in […]
It’s no secret that payday loans are bad. But the only way to break the debt cycle is to pay off your payday loan debt. This is easier said than done. “I was having to get one to pay another,” payday loan user Trudy Robideau told NPR. “It’s a real nightmare.” If you’re tired of […]
If you want to repair your credit, a 609 dispute letter could solve your problems. This is a letter any consumer may send to the three credit bureaus requesting additional information after finding an inaccuracy on your credit report. It usually includes a request to remove the inaccuracies from the credit report. Our take What […]
Payday lenders do not go quietly into that good night. If you don’t pay your loan back on time, you’ll wind up on the business end of a debt collector’s list — and payday lenders always seem to contract with the most obnoxious collectors out there. Here is what you will deal with if you […]
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 […]
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 […]
Preparing food takes time, and time is money. Even a trip to the grocery store can be expensive and time-consuming, and when you have no money, knowing how to get free food delivery can be a lifesaver. Our take How to get food with no money If you’re looking for a one-time delivery, restaurant apps […]
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 […]
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 […]
We’ve all been in this spot: money is tight, and just as you’re short on cash, what seems like a miracle — an unsolicited paper check — arrives in your mailbox. But there’s a price. That live check is a personal loan. If you cash it, you’ll have to repay the money with interest — […]