April 17, 2015

Here is How you Pinpoint a Payday Loan Scam

The thought of predatory lending is enough to make most people cringe. While some people fully understand there are “lenders” who will take advantage of them, others have no clue that this is a possibility. In the past, we have discussed the best ways to protect yourself from a payday loan scam. This time around, […]

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March 27, 2015

How to Protect yourself from a Payday Loan Scam

So, you need cash in a hurry? For many, this means one thing: a payday loan. Before you make this decision, there are a couple things you need to do. First and foremost, consider your alternative options. You may find there is a better, more affordable way to get your hands on the money you […]

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February 13, 2015

Why are Payday Loans so Appealing?

Despite the fact that most people are familiar with the drawbacks of payday loans, the industry continues to grow. According to this resource, there are approximately 23,000 payday loan stores in the United States. Despite the drawbacks, there are many reasons people continue to flock to payday loans. These include: Easy to apply and qualify. […]

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January 16, 2015

Payday Loans: What are the Drawbacks?

With the popularity of payday loans seemingly on the rise, there are bound to be people who are on the fence regarding this financial decision. The primary benefit of a payday loan is simple: you can take a cash advance against your next paycheck, receiving the funds within 24 hours (most of the time). While […]

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February 12, 2014

Loan Shark Alternatives – Options to Consider

Are you under the impression that taking a loan from a loan shark is your only option? If so, you need to stop dead in your tracks and reconsider where you stand. As you look into other options, you will soon find that relying on a “predatory lender” is a poor decision that could make […]

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December 14, 2013

Dealing with a Loan Shark?

If you find yourself in need of a loan, regardless of the reason, there will be a lot on your mind. However, you have to ensure yourself of one thing: that you are doing business with a reputable lender. The last thing you want to do is find yourself involved with a loan shark. These […]

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December 3, 2013

How to Spot a Loan Shark

Are you worried about borrowing money from the wrong type of lender? Are you concerned that you could get caught up in a deal with a loan shark? If so, you are not alone. As unfortunate as it may be, there are “lenders” out there who prey on low income, desperate individuals who are in […]

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November 7, 2013

Legitimate Financial Resources

Important Resources To Help You: The following are a list of legitimate financial resources to help set your path right. Gov Loans – Access to information for government sponsored loan programs by sector. This site is a portal that provides an overview for their main programs. Finance Globe: Credit Cards: Finance Globe provides research for hundreds of credit […]

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November 7, 2013

Fighting Back

Protect Yourself From Predatory Lenders Use your financial common sense; if you can’t afford it, you shouldn’t buy it. Plan a realistic budget and stick to it. Have a savings plan so that you’ll be prepared in case of a true emergency. Keep your credit rating high so that you won’t be forced to go […]

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November 7, 2013

Modern Day Predatory Lending

There is no legal definition for predatory lending, but it generally includes the use of unethical practices by lenders who use tactics that skirt around the law. They might give unfair loan terms, use confusing language, charge hidden fees, and use high-pressure sales methods. They make money as long as they can keep borrowers in […]

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