On February 6, the Consumer Financial Protection Bureau announced it would be overturning a rule put in place by President Obama aimed at protecting consumers who may be taking out loans they have no … [Read more...] about What Trump’s New Policies Mean For Payday Loans
We've all seen the commercials. A young man's car breaks down and he's in need of money, fast. He turns to a payday loan company for help; within minutes, he has cash in hand to fix his car and go on … [Read more...] about Avoid Payday Loans – Here’s What You Can Do Instead
You will never hear payday loans in any financial advice that you will receive. Nobody will tell you that the only way you can get out of a financial problem is to get this type of loan. In fact, in … [Read more...] about 1 Out Of 10 Americans Are Desperate Enough To View Payday Loans Positively
Did you know that most payday loan borrowers have either a love or hate relationship with them? Every year around 12 million people get payday loans that average $375 each. However, only about 14% of … [Read more...] about Curious News – Borrowers Love And Hate Payday Loans
Her name was Julie. She was 24 years old and a recent college graduate. She had found a job but like many young people these days, it wasn’t in her field of study. She was earning very little but … [Read more...] about Help! I Need Money Fast. Should I Get A Payday Loan?”
If you're almost out of money and it's a week or longer before your next payday, it can be very tempting to get one of those payday loans. I can empathize because when I was younger there were many … [Read more...] about Don’t Fall For Payday Debt Relief
In the past three years, the number of people who've gotten into trouble with payday loans has soared. Since the year 2009, four times the number of people have turned to consumer credit counseling … [Read more...] about Multiple payday Loans – A Fast Route To Disaster
I was shocked the other day when I read that about 5.5% of Americans have used a payday loan sometime during the past five years. In 2010 alone, 12 million U.S adults had payday loans. Who are these … [Read more...] about Are You Using Payday Loans To Just Get By?