If you’re so far in debt you feel like you’re drowning, debt settlement may be the solution. But are you eligible, and will it work for you? Let’s take a look. Six Key Questions to Ask Yourself If you answered yes to the previous questions (especially the first two), then you likely qualify for debt […]
Debt Settlement Qualifications: Are You Eligible? Read More »
Debt settlement can reduce the amount you owe and make it easier to get out of debt. Your credit score will suffer, but it’s a solid alternative to bankruptcy if you have more unsecured debt than you can pay. What Debt Settlement Services Do For Their Customers Debt settlement companies work with unsecured debts, like
How to Choose a Debt Settlement Company: Here’s What You Need to Know Read More »
Over 84% of adults in the U.S. have credit cards, and credit card debt continues to rise. Americans hold an average of 3.84 credit cards with a household debt is $8,942. NewYorkFed.org says the total U.S. consumer debt topped $16.9 trillion in the fourth quarter of 2022. That’s a lot of debt. If you feel
6 Best Debt Settlement Companies of 2023 Read More »
It’s difficult to ignore the TV reports and headlines about the many financial scams and fraudsters out there targeting vulnerable Americans, and payday loan scams are particularly notorious. Don’t become a victim. Learn to recognize these signs of common payday loan scams. Common Payday Loan Scam Tactics How do you know if the company offering
How to Recognize (and Avoid) Payday Loan Scams Read More »
More than 12 million Americans take out a payday loan each year. Why are they so popular? People turn to these short-term loans because they give borrowers access to quick cash in emergencies. Unfortunately, borrowers often don’t realize just how the payday loan works and whether they can truly afford to take one out. What
How Do Payday Loans Work? Learn the Dangers Read More »
If you’re stuck in payday debt and interested in payday loan consolidation programs, you’re on the right track. Payday loan consolidation programs or loans allow you to combine all your loans into a single, lower interest loan. However, you also need to watch out for payday loan consolidation scams. The payday industry is full of
Payday Loan Consolidation Scams: How to Avoid Them Read More »
A payday loan seems like an easy solution. You get money fast, with no credit check. All you need is a bank account and a source of income. You solve your short-term financial problem, and you’ll pay it back as soon as you get your check… or that’s the plan, anyway. Things don’t always go
Can a Payday Lender Garnish Your Wages? Read More »
A common question anybody struggling with payday debt has asked is, “Can I get another payday loan if I already have one?” The short answer is that yes, you can usually get another payday loan. However, you’ll likely have to turn to a different lender and the terms will be even worse than your original loan.
Can You Have Multiple Payday Loans? Yes, But You Probably Shouldn’t Read More »
Debt collection is perfectly legal in many circumstances. If you owe money to a lender, the lender may hire a debt collector to try to collect it. Unfortunately, you may not know whether debt collectors are legitimate or attempting to defraud you when they contact you. Nobody wants to be a scam victim. Unfortunately, according
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Looking to learn the difference between payday loans and installment loans? We’ll break it down for you. Many Americans don’t have the cash to make ends meet when unexpected expenses arise. In fact, 58% of Americans have less than $1,000 in their savings account. Throw in a potentially catastrophic life event — a hospital visit,
Payday Loans vs. Installment Loans: What’s the Difference? Read More »
