Archive for August 2017

 Should I get a payday loan to cover my overdraft? Here lies the dilemma about covering your overdrafts by taking out a payday loan. It would appear that by taking out a payday loan to cover your overdraft is like borrowing from Peter to pay Paul. On the contrary, unlike years past when you had…

Choosing the right payday loan company may not be as challenging as someone might think. State regulators have imposed tough regulations on payday lenders. These regulations have lead to many of the smaller lenders to close their doors. Furthermore, in August of 2013 one of the largest banks that provided automated clearing house processing (ACH)…

Payday installment loans, pros, and cons? For some time now payday lenders have introduced installment loans versus traditional payday loans. An installment loan is just how it reads “a loan that is paid back in installments” with scheduled payments. However, in the past installment loans were reserved for mortgage lenders, private lenders, and the banking…

If you’ve ever received a payday loan and you’re asking yourself, “Can a payday loan improve your credit?” The answer is no. The primary goal for payday lenders is to provide you the cash that you need quickly for that short term cash emergency. Conventional credit as we know it — Experian, Equifax and Transunion are not…