Every year, 12 million Americans take out payday loans, spending more than $7 billion on loan fees alone, according to research from The Pew Charitable Trusts. While people of all age... read more →
Unfortunately, millions of people get caught up in the cycle of payday loans each year — not realizing that many of these loans, when rolled over, carry annual interest rates of about 400%, making them nearly impossible to pay off.
If you’ve ever been strapped for cash and turned to a payday lender for... read more →
If you’ve ever received a random phone call from someone claiming that you are delinquent on a payday loan or other type of debt, and must make a payment immediately... read more →
Payday loans are a huge financial burden and if you’ve ever gone to a payday lender,... read more →
Q: What is the best way to start paying off huge credit card and payday loans? A: Here are a few tips for paying those payday loans and credit cards: - Tackle... read more →
Arkansas Attorney General Dustin McDaniel filed a consumer protection lawsuit against a Missouri man and two companies that control six payday loan websites offering loans to Arkansas consumers at interest... read more →
Here’s yet another reason to stay away from payday lenders: some of the more unscrupulous ones may try to illegally garnish your paycheck. That’s what the Federal Trade Commission has... read more →
