Debt consolidation rolls all of your loans into a single, more manageable plan — but it’s not a silver bullet. Here is everything you need to know to determine if consolidating your debts is your best option. Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may …
Debt Consolidation: Here are the 12 Best Lenders & Companies Read More »
From payday loans to credit card debt, most Americans owe money in one form or another. In 2022, U.S. consumer debt hit $16.51 trillion. Juggling multiple high-interest payments can leave many borrowers struggling to stay afloat. Wouldn’t it be great if you could consolidate them into one single loan with one monthly payment? You can. Here are the best companies to …
Here are the 4 Best Payday Loan Consolidation & Relief Companies Read More »
Netflix has about 222 million subscribers, and Disney, which owns Hulu and ESPN, has nearly another 200 million subscribers. That’s a lot of opportunity for millions of people to increase their credit scores. If you’ve been wondering whether Netflix payments can help you build credit, the short answer is yes. Almost all streaming-service subscriptions can …
Do Subscriptions Like Netflix and Hulu Build Credit? Read More »
Many Massachusetts residents struggle with auto, credit card, medical, payday and other types of debt, so if that’s you, you’re not alone. Though The Bay State has a rapidly growing economy with 2.2% GDP growth, and an extremely low unemployment rate of 2.5% (Ninth lowest in the U.S.), many Massachusetts residents have been left behind. …
The Best Massachusetts Debt Consolidation Companies [Updated 2023] Read More »
Many Nebraskans wrestle with credit card, auto, payday, student and other debt types. Among the states, Nebraska ranks below average in terms of unemployment, with 2.7% of the labor force unemployed. About 10.8% of the population and 11% of families live in poverty. The average Nebraskan has $4,819 in credit card debt, plus $144,565 of …
The Best Nebraska Debt Consolidation Companies [Updated 2023] Read More »
Retirement is supposed to be the kickoff to your golden years. Sadly, it’s a big worry for many Americans who don’t have enough savings to provide enough money for a comfortable retirement income. According to the Social Security Administration (SSA), about 21% of elderly married couples and about 45% of unmarried persons rely on Social …
8 Best Loan Options for Seniors on Social Security (Regardless of Credit Score) Read More »
Thousands of Texans struggle with payday loans every day. Debt consolidation is a solution. If you’re one of the thousands of Texans stuck in the rut of payday loan cycles, you’re not alone. Texas has 1,675 storefront payday lenders, and Texans have paid over $1.2 billion in payday loan fees. Fortunately, there’s a solution for …
This page contains statistics about the state of payday lending in the United States, curated by our editorial team. We will continue to add and update statistics as new data becomes available. 12 million Americans use payday loans each year. As of 2021, there were more than 23,000 payday loan storefronts in the United States …
Key U.S. Payday Loan Debt Statistics: What Everyone Needs to Know Read More »
We’ve all been in a tight spot financially at least once in our lives, then spotted big signs on the side of the road that emblazoned “Easy Money!” and “Fast Cash!” So, if you fell into temptation and borrowed a payday loan (or multiple) that you can’t pay back, interest and fees piling up aren’t …
What Happens When You Can’t Afford to Repay Your Payday Loan? Read More »
Looking to learn the difference between payday loans and installment loans? We’ll break it down for you. When unexpected events come up, many Americans don’t have the cash to make ends meet. In fact, 58% of Americans have less than $1,000 in their savings account. Throw in an unexpected life event — a hospital visit, …
Payday Loans vs. Installment Loans: What’s the Difference? Read More »
