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Best Online Payday Loan Companies for In...

Financial hitches seem to always creep up on you when your cash flow is less than favorable. So much so that it’s almost like they can sense dwindling savings. Thankfully, online payday loan companies can cover you during those emergencies. They do this by giving you the financial float you need before getting your next […]

Survey: 90% of borrowers regret having t...

DebtHammer.org results show 80% say their short-term loan made their financial situation worse instead of helping them Low-income households see savings as impossible, but with the right strategy, it is possible to build up an emergency fund that can avoid the need for payday loans. – Dr Robert H. Scott III, Professor at Monmouth University […]

What is a payday loan?

Payday loans provide a quick influx of money, but should be viewed as options of last resort. You could pay interest rates equivalent to 400% APR or more with payday loans. Alternatives include local nonprofits, churches, family members, and personal loans. Learn more about Personal Finance Insider loan coverage here. Payday loans are touted as […]

State law requires payday loan stores to...

“Outside of business”. This sign is not new in the past 18 months. Thanks to the coronavirus pandemic, sales for many traders have dried up, doors have been closed and employees have been laid off. But across Illinois, state law passed earlier this year closed hundreds of certain types of stores, including at least one […]

Afterpay-Westpac ‘Retro’ painted with a

Afterpay’s new “Retro” feature retroactively splits a payment into four installments, which critics say isn’t better than a payday loan or payday advance. Announced Wednesday and slated to launch next month, Afterpay’s collaboration with Westpac retroactively splits a payment into four installments, based on one transaction in the last 72 hours. The Retro feature actually […]

Hotel and restaurant staff topped list i...

Hotel and restaurant staff top the list of payday loan applicants during the pandemic, new industry data has revealed. Analysis of customer trends Petit-Prêt.com found that staff in the hospitality and leisure industry made the most requests for short-term loans this year, with employees in the industry borrowing an average of £ 1,532. Strict restrictions […]

Where can I get a payday loan?

Before you visit your local payday lender, consider the alternatives. If you are looking for a small loan, you might be tempted to use a payday lender. After all, it seems so easy: get in, provide some basic information, and walk away with the cash you need. Payday loan companies never check your credit score […]