No, a payday lender cannot repossess or take away your home if you have missed repayments or behind on your debts. This is because your home is not named as…
No, it is not recommended to use a payday loan for business purposes, because they are higher interest products and designed for individuals who need money for emergencies. It is…
Yes, to some extent, having recent or active payday loans open can impact your chances of being approved for a mortgage, but car loans are likely to be less strict.…
The average payday loan is paid back over 2 to 4 weeks which is until the customer's next payday from work. When a customer takes out a payday loan, it…
Yes, there are ways to borrow money against your pension plan or 401k in the form of lump sump advances, pension sales or pension buyouts. If you need to borrow…
It is possible to get a personal loan after filing for bankruptcy, perhaps through the use of collateral loans, co-signer loans or using a credit union. However, you will need…
A rent a bank loan allows companies to offer high interest loans in states where payday lending is forbidden, by renting out a bank's charter. In states such as Maryland,…
Yes, typically paying off the loan in full is the easiest way to remove a cosigner from a loan. However, removing a cosigner in the middle of the loan agreement…
Yes, it is possible to ask your employer for loan or to borrow money. A lot of large organisations have programs in place to help their employees going through hardships…
When you have a number of outstanding debts after a divorce, the responsibility falls on whether the debt is individual debt or joint debt. For some products such as personal…
Every year, approximately 12 million Americans turn to payday loans as a solution to their short-term financial challenges. For many, these loans become a lifeline during tough times. The payday…
The payday loans industry is a booming one, with 12 million Americans taking out payday loans each year and the industry in the US reported to be worth $33.5 billion.…