Term: Payday loans
5 found

Google Bans Ads for Payday Loans

By Steven Shaw on 5/12/2016

Effective July 13, Google is banning ads for payday loans and related products, the company said Wednesday in a statement. With this, Google will not display ads for loans that require payment within 60 days of the date of issue. In the U.S., ads for loans with an APR of 36% or higher will also not be shown.

Google
payday lender
Payday Loan
Payday Loan Complaints
Payday loans

Will the Government Shutdown Lead to a Spike in Payday Loans?

By Steven Shaw on 10/2/2013

government-shutdown-payday-loans

With lawmakers unable to agree on an extension of federal spending authority, the U.S. government went into a partial shutdown this morning, leaving hundreds of thousands of federal employees without a paycheck.

Essential federal employees will continue working, but others have been furloughed. While an estimated 800,000 government workers had their jobs and incomes put on hold today, their financial obligations were not, and they’ll have to figure out ways to pay their bills.

Government
government shutdown
Payday loans

How to Make a Budget From Scratch

By Steven Shaw on 7/2/2013

make a budget

The difference between people who are financially secure and those who are not often comes down to one thing: Whether or not they make a budget — and stick to it. Of course, there are many other factors, but that is a consistent one. Not only does budgeting lead to security, but it also can play a role in helping you pay off debt and raising your credit score over time.

budgeting
Debt
pay off credit cards
Payday loans
personal finance

This Week in Credit News: Avoiding Financial Pitfalls

By Steven Shaw on 4/26/2013

Credit News

The biggest news this week is all about the traps and pitfalls awaiting consumers when it comes to student loans, identity theft and payday loans.

4 Ways to Deal With Student Loan Debt Collectors

Student debt expert Mitchell Weiss has received a lot of requests from readers who are struggling to work with student loan collection companies in finding a way to pay down their balances.

In this article, Weiss explains that the collection companies hired by student loan originators are more apt to put borrowers into loan “fixes” that actually can hurt the borrower in the long run. He warns consumers to make sure they don’t sign up for a loan modification that allows the loan to become negatively amortized, thus adding to the balance of the loan in the long run, while lowering payments in the short term.

identity fraud
identity theft
Payday loans
student debt
student loan repayment
student loans

Trapped in Payday Loan Debt? How to Escape

By Steven Shaw on 4/4/2013

Trapped in Payday Loan Debt? How to Escape

“Is it possible to get ahead of the payday loans and get credit back in good standing?” That question was posed to us in a recent CreditExperts Twitter chat we hosted. If you’ve ever been stuck in the cycle of payday lending you may be wondering the same thing.

The answer depends in large part on where you took out the loan.

loans
managing debt
Payday loans