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A girl looking in her purse.

How Many Payday Loans Can You Have In Each State?

Payday lending bears some relationship to the century-old practice of “salary buying,” a credit transaction in which a lender would buy at a discount the borrower’s next expected wage payment. The practice of extending a postdated check dates back at least to the Great Depression, according to the Consumer Federation of America. As the spread…

A Payday Loans sign.

What Happens When You Can’t Repay A Payday Loan?

Emergencies often happen when you least expect it, and if you’re not financially prepared when disaster strikes, the best thing you can do for yourself – and your finances – is to avoid payday loans, no matter how hard up for cash you are. These days, there are lots of payday loan lenders and direct…

Loan

What Are Payday Loans and How Do Payday Loans Work?

A payday loan is a unique type of short-term loan that is typically extended against a high-interest rate. It gets its name from the idea that a person might need a quick cash advance to tide them over through the end of the month until payday. Usually, a portion of the borrower’s next paycheck serves…

Debt Consolidation

Payday Loan Debt Consolidation: Smart or Stupid?

Have you experienced a financial emergency? Did you need to get a payday loan to cover it? And are you now stuck trying to pay that loan off? Payday loans can reel you in and make it hard to pay them off. Luckily, there is a payday loan consolidation option to consider. However, there are…

Debt

How to Check Payday Loan Databases for Outstanding Debt

Through the years, you may have acquired some payday loans and lost track of them. To start paying off your debt, you will need to know its size. Continue reading to learn how to find out if you have outstanding payday loans. What Is a Payday Loan? A payday loan is a short-term loan offered…

100s

How to Make $100 a Day in 2021 (20 Proven Side-Hustles)

More and more people are looking into how to make money and land some extra cash in their pocket. We’ve scoured the internet to find 20 proven side-hustles that will earn you money fast and a minimum of $100 in a day and compiled them here to help you get started. There are no scams…

Bad Credit

Why No Credit Score Differs from a Zero Credit Score

Many people understand that having a high credit score is a good thing. After all, a high score means lenders are more likely to loan you money to cover large expenses like homes, cars, or other costly endeavors. Unfortunately, there is a misunderstanding about no credit and zero credit.  What is a Credit Score? A…

Loan text written on wooden block with stacked coins

The 4 Pros & 7 Cons of Payday Loans

Payday loans are a quick way to obtain cash when you need it urgently. Payday lenders offer financial services to people with no credit or low credit scores, an accessible way to get a cash advance when an emergency arises. If you have a regular income source, you can obtain a payday loan with few…

Credit Score Screen

Is A 700 Credit Score Good or Bad?

Like many people, you may be asking yourself, is 700 a good credit score? According to FICO, a credit risk assessment tool, over 59% of Americans have total credit scores of 700 or higher, but what does this credit score really mean, and how does it affect your credit report?  Your credit score can affect…

credit-report

How to Raise Your Credit Score by 100 Points in 30 Days

Whether you’re looking for a new car, a home, or are simply looking to move into a new apartment, your credit score matters. Lenders use your credit score to set interest rates and decide if you’ll need a deposit, so having a poor credit score or no credit history can cost you a ton of…

Stop Payment

How to Stop Payday Loan Automatic Payments

By Riley Draper / January 6, 2021 / Comments Off on How to Stop Payday Loan Automatic Payments

It isn’t always easy to secure a bank loan, especially if you’re financially strapped or have bad credit. Payday loans offer an easy alternative for those who need quick cash for debt management. But it’s important to understand what you’re getting yourself into before signing any papers.  If you’ve been approved for a payday loan,…

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cash

20 Realistic Ways to Make an Extra $500 This Month

By Riley Draper / January 5, 2021 / Comments Off on 20 Realistic Ways to Make an Extra $500 This Month

What would you do with an extra $500 this month? Perhaps you’re looking to supplement your full-time job. Maybe you’re retired and are looking for some side income. Or perhaps you’d like to try your hand at the part-time gig economy. If you’re already stretched for time, making an extra $500 a month might sound…

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A person handing over money.

Can You Get A Payday Loan With No Bank Account?

By Riley Draper / December 25, 2020 / Comments Off on Can You Get A Payday Loan With No Bank Account?

Having a checking account when you’re in a tight spot financially can be greatly beneficial. If you have a checking account and a good credit score, obtaining a loan is a breeze. However, what happens when you don’t have either? Although a bank account makes many aspects of life easier, they aren’t absolutely essential. Not…

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A loan agreement.

What Credit Score Is Needed for a Personal Loan?

By Riley Draper / December 24, 2020 / Comments Off on What Credit Score Is Needed for a Personal Loan?

Most people know one thing about credit scores: the higher, the better. But your credit score is an aggregate figure drawn from an incredibly complex, opaque process. It’s often difficult to understand what a given score can actually get you. There’s no guarantee that lenders will extend a line of credit. When it comes to…

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credit score

How Do Payday Loans Impact Your Credit Score?

By Riley Draper / December 23, 2020 / Comments Off on How Do Payday Loans Impact Your Credit Score?

We’ve all been there. You do everything right and still, sometimes, your money just doesn’t stretch far enough. Your car breaks down, you get an unexpected bill, and all of a sudden you’re struggling to find the money for it all. It’s a tale as old as time. Except now, there are alternatives. There are…

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A person on a calculater.

How to Calculate the Cost of Your Cash Advance

By Riley Draper / December 22, 2020 / Comments Off on How to Calculate the Cost of Your Cash Advance

Calculating the cost of your payday loan can be difficult. There is a lot of information out there meant to help you become educated on the different lending options and interest rates but often, it can get confusing having to navigate through it all. Which is the best payday lender? Which is the average fee…

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Payday bulletin board.

Can A Payday Loan Company Sue You?

By Riley Draper / December 21, 2020 / Comments Off on Can A Payday Loan Company Sue You?

While it’s no secret that payday lenders can often be annoying and make their fair share of threats, the question remains– can they actually take you to court? Understanding what a payday loan company can and can’t do can be tricky. In this article, we’re going to break down the process a payday loan company…

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A person using a calculator.

Why is Financial Literacy Important?

By Riley Draper / December 20, 2020 / Comments Off on Why is Financial Literacy Important?

Throughout the entire month of April, financial institutions and other organizations around the country hold Financial Literacy Month. They offer financial education programs, mainly for America’s youth, to improve the financial well-being of all consumers.  Whether we like it or not, financial literacy plays a significant role in our lives. Our ability to manage money…

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Bank Account

Opening A Bank Account With Bad Credit? Keep This in Mind

By Riley Draper / December 19, 2020 / Comments Off on Opening A Bank Account With Bad Credit? Keep This in Mind

Having a bank account isn’t absolutely essential in today’s world, however, it does make things easier. For starters, having a checking or savings account keeps your money safer. Carrying large amounts of money on you puts you at a greater risk to lose it. You can call and cancel a debit card, but if you…

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A man carrying a box of office supplies.

If You Get Fired, Can You Collect Unemployment?

By Riley Draper / December 18, 2020 / Comments Off on If You Get Fired, Can You Collect Unemployment?

Unemployment insurance is a joint state and federal program that provides those out of work with temporary yet steady cash to help them financially. In a big shift, the self-employed now qualify for benefits. Another 5.2 million workers filed for their first week of unemployment benefits in the week ending April 11, bringing the total…

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