Fed Study Unintentionally Paints Rosier Picture for Payday Loans

Why Use Credit Cards When There Are Payday Loans?
Credit cards have proven to be both a useful tool in establishing a credit history and a bane to those consumers who hope to maintain a good credit history. The temptation to “swipe and go” has been actively cultivated by the American [...]

This Federal Reserve/Vanderbilt/Penn study tries to connect payday loans to credit ruin, but what they leave out suggests a rosier alternative. (Photo: flickr.com)

Repair Your Credit | Advantages of Payday Loans (Pt. 1)

What are the advantages of payday loans?
“Repair Your Credit,” starting today! These tips can help you get there.
Last time, we talked about the type of loan that might work best for you. This time, let’s take a closer look at payday loans and see the ways in which this short-term [...]

curious

Lenders See “Invisible” Score; No Worries For Cash Advance

Experian: pulling a fast one on consumers
Cash Advance Mojo would like to take a moment to discuss something that pertains to anyone who cares about maintaining their credit. According to Silicon Valley Blogger of The Digerati Life, myFICO is going to stop using consumers’ Experian credit scores and reports when [...]