Borrowing Basics
Why Are Payday Loans So Expensive?
Payday loans are unsecured loans (meaning that there is no security such as a property or vehicle that backs the loan) making it more
New to loans or just want a refresher? Our Borrowing Basics posts break down the essentials in plain English, helping you understand how loans work and what to expect before you apply.
Payday loans are unsecured loans (meaning that there is no security such as a property or vehicle that backs the loan) making it more
Do Payday Loans Affect Getting a Mortgage? No, a payday loan will not harm your ability to get a mortgage. For the majority of mortgage
No, in most cases, whether it is a secured or unsecured loan you will not be approved for a loan without employment. However, with some
Will Applying for a Loan Affect Credit Score? No, applying for a payday loan and getting accepted for one does not harm your credit score.
No, the payday lender will not contact your boss or workplace when you make a loan application. You can rest assured that there will be
So, Can I Go To Jail For Not Paying A Loan? No, you will not go to jail for not paying a loan Standard attempts
Yes it is possible for you to be taken to court if you have taken out multiple payday loans and failed to pay them back.
If you decide to take out a payday loan, then it is important to keep in mind there will be a variety of checks carried
So, What is the Cost of Payday Loans? If you take out a payday loan, the cost of it will be capped at 0.8% per
This kind of short-term loan can be an excellent way to get access to cash quickly and in an efficient manner, enabling you to get