Payday loans can be a convenient option if you’re undergoing financial difficulties and need cash before your next payday. If you already have a short-term loan and want to take out two payday loans at once, you’ll have to keep some things in mind. Can you have two payday loans at once? The simple answer
Do payday loans affect your credit? You might be wondering this if your payday loan is due and you can’t repay it. Or you might be in the opposite situation: you’re trying to improve your credit score, and you’re hoping that if you borrow and repay a payday loan on time, it will help. You
How do you get a loan when you have no credit? The main way banks and other lenders decide whether you can borrow money is by checking your credit report. If your credit report has nothing on it, you might think they’d say, “Hey! This person has perfect credit! They’ve never taken out a loan
Payday lending in its current form originated in the United States in 1993, and today, payday loans are legal in many states but not all. In states where payday loans are legal, payday lenders must follow both state and federal rules. State rules determine the maximum loan amount, loan term, and finance charges. The Federal
If you’re behind on your payday loan, you’re likely worried about what might happen to you. Though of course there are consequences to not paying your lender, you’re not going to lose your house or car. Payday loans are unsecured loans. Can you be taken to court? Can you be taken to jail? The answers
Payday loans are loans that, in a nutshell, are issued with a short term and a high-interest rate. The standard repayment period for a payday loan is the borrower’s next paycheck (hence its title). There are certain situations where payday loans can be a valuable tool. If you’re in the market for a payday loan,
Do you have bad credit? If so, you might know how challenging it can be to get a personal loan. Your credit report might show that you’ve had too many late payments or gone over your credit limit. It might even show that the bank has foreclosed on your house or you’ve declared bankruptcy. Anyone
Situations arise in life that sometimes requires extra cash quickly. Whether it’s a car accident, a medical emergency, a natural disaster, home damage, or another unexpected event, things happen that can disrupt anyone’s budget in a hurry. When one of these events takes place, you might need some extra cash at the moment. In this
What is a payday loan If you’ve ever encountered a situation that requires extra cash quickly, like car troubles, medical bills, or any other unexpected expenses, you may have considered taking out a payday loan. A payday loan is a short-term loan typically for smaller amounts of money that are designed to be fast and
Having car troubles is something that everyone has experienced at one time or another. And unfortunately, most car maintenance is incredibly expensive. Without a car, it may seem like it’s impossible to get around. Work, visiting friends, everything seems more difficult when the car is in the shop. But there are a few strategies that