If you are strapped for cash and just need a few hundred dollars to make it to your next payday, a payday loan might sound like the financial tool you need. Understanding more about how to get a payday loan and the common repayment options for these loans is the first step in potentially solving your current financial challenge. Find out more about payday loans below, including how to get a payday loan online. Plus, find out about installment loans, an alternative to traditional payday loans with more flexible terms that might be right for you. What Do You Need to Qualify for a Payday Loan? T ..read more

Payday loans are short-term loans — typically in relatively small amounts — designed to help people cover unexpected emergencies or expenses. Understanding your options when it comes to payday loans and alternatives can help you make the best financial choice for you or your family when you’re faced with such a situation.  Keep reading to find out more about online loans and what the best “payday loan” is. In this post, we will review the following: Are there legit online loans? What is the easiest loan to get approved for? What is the best online payday loan? Online loan FAQs Are Ther ..read more

It’s the Monday after payday. You already used most of Friday’s pay to cover bills and buy groceries, but you’re stuck on the side of the road with a broken-down car and you’re not sure how you’ll cover the repairs. At the same time, you need the car to get to work so you can earn that next paycheck. You might be wondering if a payday loan is right for you. Find out more about how payday loans work below — and get some info on alternatives — so you can make an educated decision no matter what your current emergency money need is. What Is a Payday Loan? A payday loan is a short-term loan meant ..read more

Installment loans can be a great financial tool. They make it possible to spread out a large expense over numerous months or years by making monthly payments that fit your budget. They can also help you build credit for the future. Discover the many ways you can use an installment loan below. What Is an Installment Loan? Before looking at the types of installment loans, it’s a good idea to understand what installment loans are and what they aren’t. Simply put, an installment loan is debt that you pay back in installments, which are periodic payments that you agree to make. It works like this ..read more

If you find yourself short on cash but have financial needs to meet, a payday loan could be a viable option. As with any loan, you want to be careful. Read the fine print, ask your loan officer questions and take the decision seriously. If you’re unable to repay the debt, as with other types of loans, the costs can escalate through interest and late-payment fees. Before you dive into a payday loan, learn how they work, the process for getting one and what to be conscious of when making your decision. How Payday Loans Work Payday loans are designed to let individuals receive a cash advanc ..read more

Bad credit can be expensive and problematic. It can mean you don’t get approved for loans or credit cards, or even that a landlord won’t rent to you. Even if you do get loans with poor or bad credit, they can cost you more in the long run because you might pay a higher interest rate on that credit. What can you do if you’re facing bad credit? Luckily, you aren’t stuck with this problem, and there are ways you can address it. Can You Bounce Back From Bad Credit? You can absolutely bounce back from bad credit. The credit reporting and scoring system wasn’t designed to label people as having goo ..read more

What Happens If You Don’t Pay an Installment Loan? When you take out a loan, you also enter into a contract. Not paying your bills as agreed may have a variety of consequences, including legal ones. Find out more about missing installment loan payments and what might happen below, and get some advice on steps to take if a loan is causing too much financial strain. What Happens When You Default on an Installment Loan? If you miss a loan payment, you’ll likely face some penalty, and the later you are with your loan payment, the more severe the consequences. The exact action taken when a paymen ..read more

When it comes to getting approved for a loan or other type of debt, is a completely clean slate better than having a bad credit score or history? As with anything involving money and credit, the answer is complicated because it depends on a variety of factors. Find out more below. What Does No Credit Mean? No credit typically means you don’t have a credit score. You don’t have a credit score when you don’t have enough recent credit history for the scoring models to come up with a number.  To have a FICO Score, you must meet the following requirements: Have an open and active account for ..read more

You know the saying, “You have to spend money to make money?” Sometimes, the same sentiment is true for building credit. To prove you are creditworthy, you may need to take out loans or use credit cards and pay back the debt on time and as agreed. But running up debt on frivolous things just to demonstrate your ability to manage debt well doesn’t make sense. That’s not really good money management. At the same time, you can have fun with spending while building your credit. Check out the seven ways below that you can build your credit by using loans or credit cards to spend on items that ..read more

Yes, you can get a loan with less-than-stellar credit. In fact, Wise Loan works with customers and provides them with tools to pay those loans back responsibly and have a positive impact on their credit. Because good credit is important. Here are just a few benefits of having good credit: You may get approved for loans and other credit opportunities you wouldn’t otherwise get approved for. It can lead to lower interest rates, which reduces the cost of your debt overall. It might help you score better deals or get approved for car insurance and other services. It can help you get approved as ..read more