When holiday shopping comes down to the last possible minute, people make some foolish financial choices. Please be aware of payday loan dangers before you dig yourself a hole you can’t climb out of! The problem is fueled by last minute shopping, which is very common here. Over 60% of Americans wait until the last…
Solar Loans are Rising like the Sun
Residential solar power systems are more popular than ever. With the long-term savings and stability provided by solar panels, who wouldn’t want them? For many, the cost can be prohibitive, and so solar loans have begun to trend. Solar loans are exactly what they sound like – loans offered specifically for the purchase and installation…
Utah Lenders Send their Clients to Jail
Before 1833 people could be locked up for owing money to the wrong people. Then Congress banned these “debtor’s prisons” and America was a better place because of it. Modern day loan companies are trying to bring back the bad old days, and in Utah lenders are trying to manipulate the legal system to arrest…
Military Lending Act: What You Should Know
Starting in 2006, the Federal government issues new regulations to protect our active service military personnel and their families. The Military Lending Act was intended to keep unscrupulous “predatory” lenders from taking advantage of our brave soldiers. Lawmakers felt compelled to pass this law when they learned that military personnel take out payday-style loans at…
Avoid Loan Scams with Three Easy Steps
The internet has transformed the world of finance. It is now easier than ever to invest, diversify, manage, and borrow money, and all from the palm of your hand! With reward always comes risk, and in this case it means the risk of loan scams. The world of online loans can be a minefield. If…
Low-Interest Loans and Where to Find Them
Low-interest loans are like unicorns – everyone knows what they are, but no one has actually seen one in person! Borrowing money is something no one ever wants to do, but everyone needs to do sometimes. If you need some extra cash, you need to stay far away from ultra-high interest rates of payday loans,…
VBS Loan Outmatched by Installment Loan
The VBS loan is one of the fastest growing search trends online. More and more people are looking to start building their financial future with one of these loans. Our society places an increasing amount of importance on how much a person is worth, and how good their credit is. These factors now help determine…
California Both Fights and Creates the Debt Trap
The governor of California recently signed into law a new bill to target predatory lenders. Speaking out against the “debt trap” Gov. Gavin Newsome said this bill would help to protect families that were already financially struggling. On the surface, this seems like a win for the underdog, doesn’t it? Except that it isn’t. California…
Google Play Wages War on High-Interest Loans
Google has just fired the next shot in the war on payday loans. The notoriously high-interest loans have recently been banned from the Google Play app store, which will severely limit the access these lenders have to new customers. This follows Google’s ban on advertising from lenders who charge over a certain amount of interest,…
Earned Wage Access and the Future of Employment
Almost 80% of Americans live paycheck to paycheck. Getting the pay you have earned as quickly as possible has never been more important. For that reason, a growing trend in business is that of earned wage access. In theory, earned wage access gives workers access to their pay without waiting until the end of the…