When you have student loans, getting a personal loan can be tricky. Lenders may see you as a risk. But there are ways to improve your chances of qualifying. (iStock) If you are a student loan borrower, chances are you have significant student debt, even with the forbearance options currentlyRead More →
“In general, our customers choose the service,” said Wittmeier. “It’s a convenience.” Both parties point to the other 16 states, plus the District of Columbia, that have caps of 36% or less on payday loans or that ban payday loans entirely. Voting initiatives were used to impose the 36% capsRead More →
South Carolina, September 25, 2020 (GLOBE NEWSWIRE) – South Carolina – Minute Loan Center has served hardworking Americans from coast to coast for more than twenty-five years through their physical locations in the Delaware, Mississippi, Missouri, Nevada and Utah. They have now expanded their services to include fully online applications,Read More →
South Carolina, September 25, 2020 (GLOBE NEWSWIRE) – South Carolina – Minute Loan Center has served hardworking Americans from coast to coast for more than twenty-five years through their physical locations in the Delaware, Mississippi, Missouri, Nevada and Utah. They have now expanded their services to include fully online applications,Read More →
Personal loans cannot be used to pay for your college education, but you might be tempted to borrow for living expenses. Here’s why you shouldn’t: The repayment begins immediately. Unlike most student loans, which allow you to defer loan payments for up to six months after leaving school, your firstRead More →
Payday loans are a risky business. With an average interest rate of 400% blasting the budget, once you’ve taken out a payday loan, it’s hard to get out of it. But there are times when you might not have another option. So if these loans are a necessary last resortRead More →
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. It happens to the best of us. No matter how hard you try, sometimes life conspires against you and you have to default on a personal loan.Read More →
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Personal loan scams are fraudulent loan offers that aim to collect sensitive personal information and fees from victims, with no intention of ever extending a loan. Fortunately,Read More →
Ian MacKechnie | Guest columnist A recent column in the Sarasota Herald-Tribune (“Financial Regulators Paving the Way for Predatory Lenders,” Sept. 2) twisted Florida’s consumer-friendly regulations for short-term loans, spreading tired myths about a system that worked well for millions of Floridians. As the CEO of a company that offersRead More →
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Refinancing a personal loan involves taking out a new loan and using that money to pay off an existing loan. You can refinance a personal loan atRead More →
Do these five things before applying. (iStock) The total number of personal loans borrowed by Americans peaked at $162 billion in the first quarter of 2020, according to TransUnion. However, the rate of growth towards the end of the quarter was also the slowest in more than two years, accordingRead More →
Are you thinking of repaying your personal loan early? Here are five do’s and don’ts you’ll want to consider first. (iStock) If you’re almost done paying off your personal loan, it can be tempting to do everything possible to pay it off early. After all, who doesn’t want one lessRead More →
On August 28, 2020, industry trade groups challenging the CFPB final rule on payday loans, vehicle title and certain high-cost installment loans (the rule) filed their Amended complaint in accordance with schedule of information sessions recently seized by the court. The amended complaint focuses on the payment provisions of theRead More →