Since the early 2000’s, payday loans, otherwise known as bad credit loans, have been a controversial topic for everyone. While a lot of people do not agree with the loans, and think it’s digging people further into debt, some people simply don’t have any other options. So why do so many people turn to payday…
This year has been a roller coaster economically for the world. It has shown us that we need to be prepared for anything. Unfortunately, debt is something in reality to worry about as well. With unemployment at it’s highest it’s been in decades, it forces a rising amount of citizens to use their credit cards…
U.S. Rise in Debt In 2019, we experienced a high volume of consumers with high amounts of Credit Card Debt (over $10,000). We also experienced something similar to to 2008 financial crisis in terms of the amount of debt that has been piling up. 2020 is now continuing this pattern, with the shutdowns across the…
Overview Debt has been something many Americans have been dealing with their entire life. Whether it’s from medical bills, increased credit card spending, or simply living paycheck to paycheck. This is one thing that is of huge importance to have under control, not only to be debt free, but for your credit’s health as well.…
While advocates of payday loans say they grant loan access to people with poor or no credit, critics say these “short term” loans unfairly target minority populations and trap people into lengthy debt cycles. What is the truth? Here’s a breakdown to help you figure things out for yourself. In this article, we’ll explore what…
It’s no secret that we all get into a tough bind once in a while. Your kid falls and hurts themselves, your car breaks down, or you simply need money to pay your bills. You’re worried that you won’t be able to get a loan from a bank, because either your credit isn’t so great,…
