Tag Archives: short term loan

Payday Loans: How Quick Is A Quick Solution?

On March 31, 2011 The Center for Responsible Lending put out a publication entitled “Payday Loans, Inc.: Short on Credit, Long on Debt” where they featured a recent study of payday loan borrowers. The CRL tracked 11,000 Oklahoma payday loan borrowers for 24 months from the date of their first loan and revealed their findings [...]

How Do I Get Out of the Payday Loan Trap? – Gail

Gail “Dear Steve, I have 5 payday loans. How do i get out of this trap Gail” The Answer:   Dear Gail, The best way to avoid problems with payday loans is to not take them out in the first place. While a short-term loan can be used wisely and successfully, the minute you start [...]

Crystal Went Bankrupt But Did Not Include All Her Debts. She Left Out Two Payday Loans. Oh Crystal.

“Dear Steve, Hello…my situation is that I filed bankruptcy earlier this year. At that time, I didn’t include (2) payday loans which I was under the impression were not considered under Chapter 7. These loans are out of Delaware. I thought I could control them afterward the filing. Since the filing, I was laid off [...]

Jenni Can’t Make the Car Payment and is Behind on Rent and the Clutch Just Went

Jenni “Dear Steve, I am behind on my car payment. I can’t pay my rent this month. The clutch just went out on my car. I work two jobs but I can’t get to them now that my car is broken. I joined the Army but I don’t leave until January. How can I get [...]