Money Management

Using Cash Loans Wisely – Ensure Your ROI Exceeds Your Interest Rate

While the economy is improving, low wages and poor credit are causing millions of people to continue to struggle with their finances. If you’re one of them, a cash loan may help your situation, but when it comes to borrowing money, it’s important to do it the right way and avoid becoming mired down in

Online Installment Loans May Soon Face Onerous Obstacles

Online installment loans may soon face onerous obstacles from the bureau and other regulatory agencies. Over the last year, U.S. policymakers turned their regulatory eye toward the online lending industry. The Consumer Financial Protection Bureau, or CFPB, has released a set of proposals that will affect lenders regardless of their processing platform. Because of this,

Bad Credit Installment Loans – A Bad Choice Isn’t the Only Choice

When people resort to bad credit installment loans, they often do so because they’re in a tough financial spot. While middle-class and wealthy consumers generally have access to several borrowing sources, those who are on the low side of the annual income scale are usually forced to borrow money from payday loan and installment loan

Loans for People with Bad Credit — Are the High Interest Rates Justified?

One way that lenders can reduce their risks is to charge higher interest rates for loans to people with bad credit, but is this approach justified?Lenders have long known that there is a correlation between how borrowers have handled credit in the past and how they will handle it in the future. If the borrower’s

7 Awesome Options when You Need Cash Now – Without Borrowing!

You don’t always need to borrow money to cover emergency expenses. When people need cash now–regardless of why–many turn to payday loans, credit cards, auto title loans, second mortgages and loan products from banks and credit unions, but each of these fixes increases your total indebtedness and could trigger a downward spiral of debt. Taking

When Banks Won’t Lend – Bad Credit Borrowers and Payday Loans

When banks won’t lend, bad credit borrowers often turn to payday loans. When borrowing money from a bank, many factors are considered before a traditional financial institution will issue a loan. These factors include the borrower’s annual income, credit history and debt-to-income ratio. If a loan applicant fails the bank’s lending criteria, then the would-be

The Ease of Getting a Cash Advance Online Carries a Stiff Price

With access to the internet, people are adapting to new ways to live. From ordering presents from Amazon for the holidays to paying bills online, the internet has made everyday life more convenient. This includes access to cash. Today, when money is tight, consumers can apply for extra funds online, but the ease of getting

Cash Advance Loans Targeted Toward People with Bad Credit

When unexpected financial emergencies materialize, most people struggle to find the extra money to cover them. For those with good or excellent credit, borrowing options are available, but if a money-based crisis happens to someone with a low credit score, the situation can be devastating. This is why cash advance loans are targeted toward people

Bad Credit No Obstacle for Obtaining Installment Loans

Unexpected expenses are a part of life, but when they crop up for people who have bad credit, the situation is grimmer than it is for those who have good or excellent credit ratings. This type of circumstance is worse for those with poor credit because these people are unable to turn to traditional financial

What Cash Advance Loans Cost and How They Work

When it comes to what cash advance loans cost and how they work, keep in mind that short-term loan companies may have subtle processing differences, but there are regulations in place to keep lending fairly consistent. Cash advance loans are funds that a lender provides to a borrower to meet his or her immediate financial

Why Cash Advance Loans Can Actually Do Some Good

The Consumer Financial Protection Bureau has been in the news quite a bit recently. The agency, normally referred to as the CFPB, began working on stricter regulations for the cash advance industry several years ago. Much of the current news concerns the proposed regulations that the CFPB has announced for loans of relatively small dollar

Installment Loan Solutions Offered by Startup Lenders

Advances in technology have had a significant impact on the way that many Americans work, shop, pay their bills and access entertainment. Technology has made it possible to shop for an insurance policy, purchase it online and receive immediate proof of coverage. For years, many lenders have offered online applications for everything from mortgages to

If Payday Lending Ends, What Replaces It?

Payday lending has been attacked from many quarters because the industry is an easy target in today’s media-savvy, soundbite culture. The Consumer Financial Protection Bureau, or CFPB, has been tasked with recommending financial reforms, and despite limits to its powers that include not being empowered to set interest rate caps, the agency has arbitrarily recommended

Despite Detractors, Payday Loans are Often Helpful

Comedian Sarah Silverman performed in a skit about payday loans for “Last Week Tonight with John Oliver.” While in character, she said, “If you’re considering taking out a payday loan, I’d like to tell you about a great alternative. It’s called ‘Anything Else’.” This statement certainly highlights the negative feelings that people have about the

Cash Advance Loans – A Technological Solution

Their is a new option that is a different kind of cash advance loan, but is it a better solution? It might be. The service offers several benefits that are tough to ignore. For many Americans, money is a little too tight while credit is becoming harder to come by. A recent survey commissioned by

Use of Installment Loans Skyrockets – Here’s Why

  The category of installment loans covers a wide variety of both secured and unsecured loans. Secured installment loans are those that require the borrower to pledge collateral; financing a car or taking out a mortgage are examples of secured installment loans. Unsecured installment loans include personal loans, student loans and signature loans, and these

Gold Geared Up for another Bull Market — With Greenspan’s Tacit Support

It seems that it is impossible to miss the advertisements and articles urging Americans to invest in gold. Radio and television commercials, news articles and online ads are abundant. Various economists insist that gold is currently undervalued and that this yellow metal is the safest hedge against inflation. However, when a former chairman of the