Payday loans can be referred to as a payday advance, salary loan, or deferred presentation. This means that a payday loan is a short-term, small, unsecured cash advance that is available in the short-term. This is a fast way to get cash. The principal amount and any interest are usually repaid byRead More →
Traditional Loan lenders take eternities to approve a loan. Not to mention the tiring paperwork that adds to the stress. But with the advanced technologies, no more running after lenders to get your loan approved in dire times! We’re talking about online money lending platforms. The countless perks of optingRead More →
If you are in court and awaiting a settlement, consider a pre-financing or litigation loan. Once you’ve filed a lawsuit there are companies like Lend money first which grants you an advance based on the expected severance payment. It’s basically a cash advance on a pending legal case, not anRead More →
Just months after announcing that it was looking for companies to add to its microfinance business, ISP Finance Services says it has struck a deal to acquire a loan portfolio. The agreement is subject to closing conditions that determine the overall scope of the acquisition. Management expects the closing toRead More →
Payroll is a relatively new system that allows workers to skim money off of their existing wages. This is a straightforward way employers can provide financial support to their employees. This can manifest itself in cash advances, plans, and cases where employees are allowed to withdraw money before their paymentRead More →
Almost four years after the Consumer Financial Protection Bureau (CFPB) issued its last “Payday, Vehicle Title, and Certain High Priced Installment Loans” rule in November 2017, we finally have a fulfillment date – June 2022. What is the payday rule? The payday rule in its original form consisted of twoRead More →
The CFPB has filed a lawsuit against online lender LendUpLoans, based in Oakland, Calif., Alleging that LendUp violated a 2016 consent order that required the lender to take over $ 3.5 million in consumer lawsuits as well as paying civil penalties and misleading consumers with alleged false claims about borrowingRead More →
It can be difficult to come up with a great startup idea, especially if you used to have a regular full-time position. Everyone wants to become an entrepreneur and increase their earning potential. It may seem that all the good ideas for a startup have already been implemented. Also, notRead More →
If small businesses don’t recover from the coronavirus pandemic, neither will the rest of the economy. Across America, in cities and towns, are creating auto repair shops, restaurants, mom and pop retailers, and small industrial businesses two thirds of all net new jobs. Additionally, the money people spend in theseRead More →
Scenario # 2: When Consumers Should Pay Off Debt As A Priority According to a recent report, the average APR of the credit card is 20%. When you carry a balance with a high APR, it is important to pay it off as soon as possible. Or at least refinanceRead More →