Financial Cents: Posts About Loans

What’s a Payday Alternative Loan (PAL), and How Can You Get One?

The only downside to Payday Alternative Loans (PALs) is that you have to join a credit union now in order to apply for one when you really need it. 

Posted on: December 13, 2018


Here’s Why Some Cash Advances Are Much Riskier Than Others

The name "cash advance" can be used to describe two very different kinds of financial products, one of which is way more expensive and should totally be avoided.

Posted on: December 07, 2018


How Amortizing Interest Can Help You Avoid a Predatory Debt Cycle

When you're taking out a loan with bad credit, you want to make sure that every payment you make brings you one step closer to getting out of debt.

Posted on: December 05, 2018


Here are 4 Very Bad Reasons to Get a Personal Loan

Avoiding high-cost predatory loans is great, but even the most affordable loans can pose a danger to your finances if they're being taken out for the wrong reason.

Posted on: November 29, 2018


When Lending Money to Friends or Family Members, You’ve Got to Be Cautious

If you lend money to someone, you're putting your own finances at risk, not to mention your relationship with that person. Here are some steps you should take. 

Posted on: November 27, 2018


How To Tell If Your Car Loan is Predatory

For people who absolutely need a car, falling into the clutches of a predatory auto lender could spell true disaster.

Posted on: November 21, 2018


With Bad Credit Loans, the Size of Your Payments Is Key

Sure, being able to pay back a loan in only two weeks sounds great. But if the payment for that loan is too big for you to handle, you could enter a dangerous cycle of debt.

Posted on: November 20, 2018


10 College Majors That Will Get You Paid

Student debt is a huge financial burden for millions of Americans, but some college majors are actually worth the cost.

Posted on: November 20, 2018


5 States Where People Need to Watch Out for Predatory Title Loans

Title loans are illegal in many states, but where they are allowed they can all too easily trap borrowers into a predatory cycle of high-interest debt.

Posted on: November 16, 2018


5 Questions to Ask Yourself Before Taking out a Bad Credit Loan

Once you answer these questions, that short-term loan payday loan you've been eyeing might not look like such a great idea anymore.

Posted on: November 13, 2018