Question: Dear Steve, I have seven payday loans. I can’t pay my online payday loans. I have already closed my bank account. What should I do? Evelynne Answer: Dear Evelynne, The fact these are online payday loans makes me wonder if these payday lenders are even registered to offer loans in the state where you …
A report published today by the Consumer Financial Protection Bureau (CFPB) shows few payday loan borrowers are benefiting from no-cost extended payment plans, which are required to be offered to borrowers in the majority of states that do not prohibit payday lending. Instead of using the payment plans, borrowers continue to pay for costly loan …
If you’re having trouble repaying your payday loan, you might be able to ask your lender for an extended repayment plan. An extended repayment plan lets you repay the loan in smaller installments over a more extended time. Whether you can get an extended repayment plan will depend on your state law or the payday …
For individuals struggling to repay their federal student loans and think the only repayment options are a Graduated Repayment Plan, Extended Repayment Plan, Revised Pay As You Earn, REPAYE, Pay As You Earn, PAYE, Income Based Repayment Plan, IBR, Income Contingent Repayment Plan, ICR, or Income Sensitive Repayment Plan. For Direct Loans there is also …
More and more student loans are becoming the most problematic debt anyone can own. At some point in the past couple of decade student loans when from a leg up to financial slavery. There is a lot of information out there about how to deal with troublesome student loan debt and payments. But I thought …