It happens every day in cities across the country. Work-a-day Americans find themselves short of cash. Maybe their hours have been cut. Perhaps they experienced a medical or family emergency. Most likely, though, they’ve simply run out of money to pay the bills and need to find a way to get through to the next

Personal installment loans and other forms of small-dollar credit are not known to be viewed favorably by most legislators who are Democrats. Especially in the aftermath of the financial crisis of 2008, the issues involving the short-term loan industry have tended to be divided along party lines. Democratic representatives and senators were more likely to

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,

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 installment loan lenders. However, bad

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

In an ideal world, people’s income would always greatly exceed their expenses, leaving them with a substantial savings account to handle any emergency expenditures. In real life, however, most Americans do not have savings that are sufficient to handle an unexpected financial crisis. If the refrigerator must be replaced, someone falls ill or the family

  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

Money emergencies are scary situations, ones that may cause you to consider a poor credit installment loan. But are poor credit installment loans the best choice? Explore these seven alternatives first. They range from building up a savings account to getting rid of bills. Are Poor Credit Installment Loans the Way to Go? Look Into

Short term installment loans are financial products that can bail you out of a financial emergency. But, in many cases, borrowers struggle to pay these loans back by the due date. Because of this, it may be better to steer clear of the borrowing option. Here are seven ways to avoid short term installment loans.

When it comes to the installment loan industry, there are many opinions. Those who have good credit, access to credit cards and middle class paychecks tend to view the industry as predatory and in need of major regulation. However, people who earn low wages, have poor credit and face limited borrowing options often view the