Money Management
It is very common for people to overspend, and before they realize what is happening they end up with a mountain of debt. While there are good and proper uses for loans of all varieties, even short term loans such as payday loans, borrowing to buy consumer items will leave you in financial stress due to the monthly payments gradually exceeding your income. We can help you avoid that debt trap, build savings, and create a bright financial future for yourself by paying yourself first and investing in your retirement.Wouldn’t you like to hang on to a little more of that money? Our money management articles will give you a few pointers on handling your own money better. You do not have to get a raise to get more out of your money. Taking control of your finances is an essential step toward lifetime happiness. We provide important information and advice that will aid you in setting financial goals, budgets, and in maximizing what you can get out of your money.
Consumers seeking to borrow money online

How to Borrow Money Online without Getting Fleeced

A recent report at Mymoneyblog.com examined some of the issues that make trying to borrow money online risky for borrowers. The primary risk seems to come from consumers who misuse online loans or make bad borrowing decisions. Many online loans are of the payday-type–short-term loans that are meant to be repaid from the borrower’s next
Obtaining quick loans requires careful thought

Five Facts About Quick Loans That Will Make You Think Twice

Payday loans and other types of bad credit quick loans have been making the mainstream news recently. Much of the news has been generated by the Consumer Financial Protection Bureau, the agency born in the aftermath of the 2008 economic crisis. Since 2010, the CFPB has become increasingly aggressive in targeting lenders who offer quick
Man contemplates unsecured loans

The 7 Deadly Truths about Unsecured Loans

There are two basic types of debt: secured and unsecured loans. As the name implies, secured debts are secured by an asset that the lender can claim if you fail to repay the debt. If you take out a mortgage or finance a new car, you have incurred a secured loan. Should you fail to
Men shake hands on fast cash deal

The Critical Role of Fast Cash in the Consumer Marketplace

Access to all types of credit, including fast cash loans, is a vital part of the consumer marketplace. Credit is an important pillar of the American economy, and according to MarketRealist.com, it plays the most critical role in a healthy economy. Consumer credit is defined as all personal debt that is not related to housing.

7 Reasons Online Loans Continue to Gain Popularity

The internet has changed many ways in which people do things. Today, people go online to spend time with friends and find entertainment. Shopping is now done online as is managing personal finances and searching for an address. The internet also makes it easy for people to request loans. Here are seven reasons why online
Woman with cash loans smiling

What You Should Know About Cash Loans – Before Borrowing

Cash loans are loans in which you may be required to repay quickly. While financial experts and well-meaning friends and family will probably tell you to save money for financial emergencies, it can be tough to do in this economy. Most people request a small amount when they need cash loans, and they usually seek

The Bad Credit Loan Market is Alive and Well

Today’s unbalanced economy has left millions of Americans with credit scores that are below average. Because of this, the bad credit loan market is alive and well. While credit scores have never been easier to access, too many borrowers fail to track or even check what their score is. In fact, a recent NerdWallet survey

When You Get a Loan, it Pays to Comparison Shop

Smart people do their research and compare prices before making any kind of purchase, or to get a loan. This includes entering into a loan agreement with a lender. When it comes to loans, term considerations are many. For instance, confirm what interest rate a lender will be charging you and whether there are fees

Does Easy Access to Quick Cash Help or Harm Borrowers?

Many economists are now questioning whether easy access to quick cash is helping or harming borrowers. Access to credit has long been accepted as an important part of building a strong financial base. However, what many people do not realize is that the types of consumer credit in use today were rarely seen before the

An Internet Connection is all you Need to Get a Loan These Days

In the past, trying to get a loan was a complicated process, one that required you to gather personal financial documents and discuss your borrowing needs with a banking expert. Because of advancements in the industry and modern technology, an internet connection is all you need to get a loan these days. Not only is

Where People Turn for Cash Loans When Banks Turn Them Down

Since the financial meltdown of 2008, banks have made it harder for consumers to obtain cash loans unless the loan is secured by a tangible asset. Therefore, although banks are still willing to finance vehicles, homes and other large-ticket items, obtaining unsecured, small-dollar cash loans can be difficult or impossible. The natural question that often

Do Bad Credit Installment Loans Take Advantage of the Poor?

Many people often turn to alternative financial sources, including online lenders who make bad credit installment loans. Regardless of income, financial crises can arise and leave families struggling to cope with unexpected expenses. However, people with low incomes can be hit especially hard by a cash shortfall. If their credit is poor, the effects can

Need to Borrow Money Just to Keep Up? Here’s Your Financial Escape Plan

When you need to borrow money–unless it’s an emergency situation–it probably indicates that you suffer from financial problems that go beyond the immediate situation. According to Pewtrusts.org, only 14 percent of today’s borrowers can truly afford to repay a short-term, high-interest loan. People are often driven to borrow money by desperation and rose-colored outlooks about

A Cash Advance Online Saves Nine: Tips on Using One Wisely

A cash advance online is perfect for people who need to borrow a relatively small amount of money for a short time. Because they are unsecured financial products and typically needed for emergency situations, these loans generally feature high interest rates and fees. Instead of allowing a cash advance to escalate, which is likely to

Why Quick Loans Aren’t Necessarily the Best Option

Quick loans are generally short-term loans for relatively small amounts. These loans are often paid back on the borrower’s next payday, but sometimes, lenders off them as installment loans that can be paid back over a longer period. Regardless of the exact terms, most quick loans charge higher rates of interest for the convenience of

Does a Cash Advance Really Qualify as “Predatory Lending”?

For millions of Americans, a cash advance can provide emergency funds to obtain medical care, keep the utilities turned on or handle a repair to the home or the family’s vehicle. Cash advances are short-term loans that are typically due in full when the borrower receives his or her next paycheck. However, in recent years,

7 Reasons Cash Advance Loans Remain Wildly Popular

Cash advance loans, which are sometimes referred to as payday loans, are short-term loans that are typically due on the borrower’s next payday. In recent years, lenders offering these loans have faced increasing criticism from the Consumer Financial Protection Bureau and other agencies, including the Federal Trade Commission. Despite the negative publicity, however, cash advance