One of the most common questions that people who already have a payday loan ask is whether it’s allowed to have more than one. The fact of the matter is that the answer isn’t particularly cut and dried. It can be a bit muddy and unclear. Still, there are three major areas you need to …
Author Archives: Jason
Another Way to Get a Payday Loan
When you think about payday loans, you normally think about that little building in the local strip mall that promises “instant cash” and “loans fast” on their windows. They probably use flashy neon signs. There’s a good chance that there are bars on the windows, which are probably designed more to make you feel safe …
Starkville Bans Payday Loans
The town of Starkville finds itself in a situation that’s pretty common in many places during these tough economic times. It seems they’ve seen a quick expansion in the number of payday lenders within the city limits over the past few years. Accordingly, Starkville has decided not to allow any more payday loan businesses into …
Payday Loans vs Starbucks vs McDonalds (INFOGRAPHIC)
Worse than Payday Loans
Payday loans get a bad rap sometimes. To be sure, you’re going to pay a hell of a lot more for a payday loan than you are for a traditional loan, personal loan, home loan or even a credit card. Payday loans charge interest rates that, in many places, can get as high as or …
Legal Loan Sharks or Legitimate Business
Payday lenders are under fire constantly. Consumer advocates and politicians like to take shots at payday lenders. They use words like “usury” or phrases like “loan sharks.” They compare today’s payday lenders to mafia-connected loan sharks of the early 20th century. Still, opponents fail to recognize something: there wouldn’t be payday lenders if people didn’t …