From How to Get Out of Debt

Payday lenders know what happens each December, they get busy. While there has been much written about the dangers of payday loans, there seems almost nothing that will break the trend of accelerating payday loan interest in December. Since 2004, December has proven to be a very popular month for payday loans, right behind late [...]

Read the full article at GetOutOfDebt.org, click here: Payday Lenders Prepare for Big Payday Loan Rush in December

From How to Get Out of Debt

While debt settlement companies are furious about pending legislation and feel they have been singled out, the payday lending industry is facing legislation with the Payday Lending Limitation Act of 2010 and that’s not making them happy. Here is a press release from on payday lender. @GetOutOfDebtGuy LOS ANGELES, May 11 /PRNewswire/ — In the [...]

Read the full article at GetOutOfDebt.org, click here: Payday Lenders Fearing Proposed Regulation

From How to Get Out of Debt

Laura wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: I Have 4 Payday Loans, Medical Bills, And It Is Too Much. – Laura

From How to Get Out of Debt

I apologize in advance for the short response. I am currently away on vacation with limited internet but wanted to give you an answer as soon as possible. Steve Lacy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just [...]

Read the full article at GetOutOfDebt.org, click here: I’m Drowning in Online and Local Payday Loans. I was Referred to Langhorne Debt Solutions. – Lacy

From How to Get Out of Debt

Now that banks have stopped their rampant lending to consumers what should we expect next? Well let’s not be surprised if we see an increase in payday loan or title loan activity. A payday loan is an unsecured, short-term cash advance until your payday. Payday loans are typically hyped with payday lenders saying things like: [...]

Read the full article at GetOutOfDebt.org, click here: Payday Loans and Cash Advances