More than 12 million Americans take out payday loans, every year. So, if you’re in the process of paying back one of them, you’re certainly not alone. What makes payback even more difficult is the issue of multiple loans. Believe it or not, many people take more than 10 loans, […]
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How People Get Trapped with Payday Loans
At the time they’re taken out, payday loans may seem like a lifesaver. While some borrowers are able to pay the money back, without dire consequences, many borrowers get into a payday loan trap that they can never seem to get out of. Keep reading, to learn more about the […]
Do Payday Loans Affect Your Credit Rating?
Many people turn to payday loans, when faced with a financial emergency. Others borrow the money to cover expenses such as credit card bills and utility payments. These high-interest loans, which are typically easy to get, don’t affect your credit score when you apply. However, in the event you find […]
Dealing with Unlicensed Payday Loan Lenders
There are thousands of payday loan lenders, situated across the United States. Unfortunately, many are currently operating without a license in all of the states they’re doing business. For desperate borrowers, this can make a bad situation even worse. The good news is that, if you discover you’re doing business […]