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Using payday loans during the COVID-19 pandemic

On a day-to-day basis, paying bills can be a real challenge for most individuals and households. Unfortunately, with the COVID-19 pandemic, the financial situation has worsened, highlighting the need for most people to obtain emergency cash. Payday loans give you access to short-term funds, but usually at a higher interest rate. Most payday loans are […]

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Capitol Drive Loans offers payday loans in Milwaukee, WI

Milwaukee, Wisconsin- The pandemic has created an environment of uncertainty and financial need, especially for people in Wisconsin who have lost their jobs and suffered pay cuts/reductions. As things slowly return to normal, individuals/families still need basic necessities, medical bills, and other urgent needs that cost money, a problem Capitol Drive Loans seeks to alleviate. […]

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Payday loans without a credit check: Ipass explains the reality

Applying for a loan has never been easier. You can complete an application online or over the phone and receive your funds within 24 hours. So why would you need to submit a credit check? To find out if this is possible, we spoke with Orville L. Bennett about Ipass.net. “Lenders are more likely to […]

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Alternatives to Payday Loans in Maryland

As one of the easiest methods to get a quick cash advance, payday loans are widely offered to the public. Exceptions are states where specific regulations regarding these loans apply. Such a situation is currently inconvenient for the people of Maryland. Yet, with some quality advice from Cash Loans near me in Ohio, you can […]

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2 big differences between personal loans and payday loans

Image source: Getty Images Payday loans and personal loans are very different financial products. When you need to borrow money, you have several options for taking out a loan. Personal loans can be an affordable option, and it’s often a good idea to take on this type of debt. Payday loans, on the other hand, […]

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This is the main reason why payday loans are so dangerous

Image source: Getty Images Resources may be available to save you from ending up with multiple payday loans. Keep reading to learn more. Payday loans are expensive and come with very high fees that need to be repaid in a short period of time. In fact, you could end up paying an effective APR of […]

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More startups and VCs are banking on subprime lending alternatives – Crunchbase News

Fintech startups are increasingly leaning into lending for more than a third of Americans with subprime credit scores. Their vision is to turn negative connotation into one that not only helps short-term borrowers, but builds their credit and provides financial education. Subscribe to the Daily Crunchbase The term “subprime” is usually applied to a borrower […]

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Personal loans trap Social Security recipients in debt

Bloomberg/Getty Images In Spanish | The slowing economy could push more Social Security recipients to take out high-interest payday loans, running the risk of being caught in an ever-increasing cycle of debt. A payday loan is usually a short-term loan of less than $500 generally intended for people with low incomes. Fees generally range between […]

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Are payday loans good? | Money

The idea of ​​accessing your paycheck before it hits your bank account is appealing, especially in this economy. Unfortunately, there may be a catch. Payday loans — which are small, unsecured loans that don’t require collateral and have short terms — are a popular way for people to access cash quickly. But in practice, they […]