Payday loans can be useful for those who have an immediate need for cash to meet short-term obligations.  Be sure to exhaust these alternatives prior to seeking a payday loan: —Borrow from a credit union or other small loan lender. Be sure you understand all the fees and terms before you sign. Put off the expense […]

Payday loans can be difficult to understand, and the costs associated with them can be incredibly burdensome.  Prior to obtaining a payday loan, you should try to understand as much as possible about what you are actually going to be on the hook for.  Here is an example of what potential costs could look like […]

This blog has periodically covered the dangers of payday loans. Payday loans charge extremely high interest rates and often leave borrowers deep in debt. Sources show that the average consumer who takes on a payday loan is in debt for over 6 months, is charged an annual interest rate of over 400%, and has to […]