Personal Finance Blog

Payday loans based on income provide quick cash to people facing financial problems. They don't require a credit check, just proof of income, making them available to those with poor credit. However, they have very high interest rates, often over 400% APR, and must be repaid by the next payday. This can lead to a cycle of debt. Alternatives include cash advance apps, pawn shop loans, personal loans from banks or credit unions, borrowing from friends or family, and credit cards with 0% APR.

Kathryn McCoach May 28, 2024

Payday loans are known for being accessible due to the lack of a hard credit check. This also makes them safe for your credit score. While simply getting a payday loan and paying it off on time doesn't affect your credit history, the situation can change under certain conditions. Here's all you need to know about the way payday loans may affect your FICO rating.

Dawnesha Burns Apr 25, 2024

Learn about the best loans for handling bill payments and utility expenses. We've covered support options that ensure you can maintain essential services — including variants for bad credit borrowers.

Kathryn McCoach Mar 20, 2024

Payday loans are fixed-interest rate loans that don't change during the repayment term. We discuss the regulations surrounding payday loans, including the amount that can be borrowed, interest rates, and fees.

Dawnesha Burns Dec 27, 2023

Payday loans are fixed-interest rate loans that don't change during the repayment term. We discuss the regulations surrounding payday loans, including the amount that can be borrowed, interest rates, and fees.

Kathryn McCoach Dec 17, 2023

During times of economic uncertainty, taking up hardship loans can be the only way out for people caught up in unforeseen circumstances. However, it may look like a tough hurdle for anyone with a not-so-perfect credit record. The good news is that, even with bad credit, one can still get loans. The aim of this

Dawnesha Burns Nov 21, 2023

Payday loans are fixed-interest rate loans that don't change during the repayment term. We discuss the regulations surrounding payday loans, including the amount that can be borrowed, interest rates, and fees.

Dawnesha Burns Nov 17, 2023

Payday loans are fixed-interest rate loans that don't change during the repayment term. We discuss the regulations surrounding payday loans, including the amount that can be borrowed, interest rates, and fees.

Kathryn McCoach Nov 14, 2023

Payday loans are fixed-interest rate loans that don't change during the repayment term. We discuss the regulations surrounding payday loans, including the amount that can be borrowed, interest rates, and fees.

Kathryn McCoach Nov 02, 2023

Payday loans are fixed-interest rate loans that don't change during the repayment term. We discuss the regulations surrounding payday loans, including the amount that can be borrowed, interest rates, and fees.

Dawnesha Burns Oct 19, 2023