If you’re looking for an instant loan and have bad credit, a lot of the search results may start to look pretty similar. You’ve entered the world of online tribal payday loans. Tribal loans are simply online payday loans from lenders who are based on tribal land. Just like a standard online payday loan, tribal payday loans are …
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 »
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 »
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 »
Payday loans seem like a fast, easy solution to sudden or unexpected financial emergencies. That’s why 12 million Americans take out at least one payday loan every year to help cover their bills between paychecks. On the surface, these loans seem like a great way of getting through financial hardship. But with astronomical interest rates …
What Are Payday Loans + 11 Most Popular Payday Lenders Read More »
Payday loans are short-term emergency loans people take to cover urgent cash needs until their next paycheck. In 2020, a typical payday loan averaged $375. For a relatively small amount borrowers need to repay from their next paycheck, payday lenders may charge interest of up to $75. In desperate situations, a payday loan might seem …
Payday Loan Requirements: What You Need to Get a Payday Loan Read More »
