Home to about 6.177 million people, Maryland is the 22nd fastest-growing state in the U.S.A. (relative to population). But with high growth comes an increased cost of living and the potential for more consumer debt. Around 32% of Marylanders have some kind of debt in collections with a median value of $1,610 per person. Along […]
Mississippi is home to an estimated 2,949,965 residents, many of whom struggle financially. In fact, poverty rates are amongst the highest in the state at approximately 19.4% — or just over half a million people. The average Mississippian household owes $60,375, an exceedingly high number considering the median household income is just $46,511. If you’re […]
Payday loans are supposed to be a way for people with bad credit to get fast cash in emergencies. Unfortunately, they often cost so much that they cause more problems for borrowers than they solve. It’s up to each state to create regulations that protect its consumers from the debt these loans represent, and these […]
Debt consolidation loans can help make multiple high-interest debts more manageable by combining them into one simple monthly payment. Most of these loans aren’t guaranteed because they require a good credit score, but some lenders work with borrowers with a 520 credit score. The best debt consolidation loans come with a lower interest rate than […]
SoLo Funds is a peer-to-peer lender that matches borrowers with investors willing to fund loans for higher-risk borrowers. You set the terms of your loan, and all fees and tips are optional. It can be an ideal option for borrowers with less-than-perfect credit scores, particularly people who fear that a payday loan or title loan […]
If you’re juggling multiple monthly bills, including mortgages, auto loans, credit card bills and medical debt, it can be easy to lose track of a payday loan, particularly since payday lenders prefer to debit them from your bank account automatically. But if the payment fails to go through or you’ve have multiple payday loans and […]
It’s easy to overreact when you get a call from a debt collector informing you that you owe a debt you don’t remember. If you’ve gotten a call or email from a debt collector called ACS llc or ACS Debt Collector, there is cause for concern. It may be an attempt to scam you. ACS […]
If you’re struggling with paying a payday loan, you need to know whether your lender is licensed. If your lender is not licensed, your loan may not be legally collectible, meaning you may not have to pay it. Stuck in payday debt? DebtHammer may be able to help. How to determine whether your payday lender […]
Update: Aspen Financial Direct is now centz. However, existing customers can continue to service their loan online. If you’ve gotten a loan offer in the mail from centz, you may have some questions. What is centz? How did they get my information? Is this loan worth it? We researched the lender and here’s what we’ve […]
Acorns offers a spare-change savings tool that rounds up your purchases to simplify savings and investing. But fees can be high. It’s important to know what you’re getting into before you sign up. Our take: Acorns is simple to use and makes it easy to start a savings plan. But the fee can be high […]