Financial Cents: Posts About Payday Loans

Is Your Bad Credit Loan Amortized? If It’s Not, Here’s Why It Should Be

If you think all bad credit loans are the same, you are sorely mistaken. Non-amortized loans can easily trap borrowers in a dangerous cycle of debt.

Posted on: October 02, 2018


Is There Really Such a Thing as a “Low Interest” Payday Loan?

Unfortunately, the realities of payday lending make low interest rates impossible. Luckily, there are plenty of better (and cheaper) ways to borrow money.

Posted on: September 19, 2018


Here’s Why College Students Should Avoid Payday Loans

College students are known for scraping by on a tight budget, which is why taking out a payday loan could send them spiraling into serious debt. 

Posted on: September 07, 2018


5 Personal Loans With Easy Approval (And Why That Can Be a Bad Thing)

While there are many great bad credit loans that come with easy approval, there are even more out there that are ... not so great. 

Posted on: September 06, 2018


Can a Payday Lender Garnish Your Wages?

If you fail to pay back a payday loan, having your wages garnished by a court judgment is certainly a possibility.

Posted on: August 21, 2018


How to Protect Yourself from Payday Loan Call Scams

Scammers will try to intimidate you and collect on unpaid payday loans that—surprise twist—you never borrowed in the first place!

Posted on: July 02, 2018


“Uh-Oh, I Need Money Now!” 4 Fast Cash Options for People With Bad Credit

There's no perfect way to get money fast when you have bad credit, but these four choices can all be a good solution—so long as you're careful.

Posted on: June 29, 2018


Make Sure Your Bad Credit Loan Has Payments You Can Afford

Short-term loans that require lump-sum repayment are very difficult for most people to repay on time, trapping them in a predatory cycle of debt.

Posted on: June 21, 2018


Are Payday Loans and No Credit Check Loans the Same Thing?

Payday loans don't require any kind of credit check, but they are one of the riskiest kinds of no credit check loans out there.

Posted on: June 18, 2018


How to Fight Back Against Bad Loans

What do you do if a lender has been taking advantage of you? Don't admit defeat. Here are some actions you can take against predatory lenders today.

Posted on: June 04, 2018