Post Layoff Emergency Preparedness
Sadly for many Americans this year and many more come 2009, pink slips have, and will continue to be given in record numbers.
Between layoffs and salary cuts, payday loans and other sources of payday loans are what consumers are turning to for the extra cash they need.
If [...]
The Payday Loans Debate Part 2
In the first article “Payday Loans | Will The Truth Please Step Forward” we had addressed the accusations against the payday loan industry in regards to high interest rates.
Now we are going to talk about another accusation that is typically aimed at the payday loans [...]
How are you spending your money?
You’re not blowing it all on clothes and payday loans are you? With the trouble in the economy and the financial pressure that many are feeling today, American consumers are beginning to wise up.
USA Today quoted some interesting statistics based upon a survey asking consumers [...]
Who are the Joneses anyway?
America needs to stop “keeping up with the Joneses” because they are not a real family, and if they were, they would be broke and in desperate need of payday loans and credit repair. In fact, the Joneses to which the common phrase refers to are [...]
Debt Collectors | The War On American Consumers Part 1
Apart from the war in Iraq and the global war on terror, there is a new war that is being fought by Americans today. The war against consumers, who have payday loans in their arsenal to fight off a temporary expense.
We [...]
Where have our spending habits led us?
Debt, we almost all have it. American is buried in it with the average citizen, man, woman and child owing over eight thousand dollars of consumer credit debt alone. To add to that we have mortgage, student and auto loans to take [...]
Borrowing money and incurring debt is a process that all Americans do today, even though most frown upon it. Auto loans, credit loans, payday loans, and various other types of personal loans have contributed to the loan frenzy today that has the average American in $8200 of consumer debt. [...]
$700 billion dollar bailout!
You wouldn’t need payday loans if you had a personal bailout, now would you? And, a 700 billion dollar bailout! Clearly a figure that is difficult to comprehend.
If you watched 60 minutes last week, you now have a clear picture of just how this bailout came [...]