Money Insider: Find a cheaper alternative to payday loans
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We are constantly bombarded by payday loan adverts, on television, online, in newspapers and on billboards, so it’s no surprise so many have signed up for this high-cost credit. But just because your credit record isn’t up to scratch, it doesn’t mean you have to face crippling four-figure payday interest rates, there are cheaper alternatives.
Specialist credit cards
Mainstream credit card companies will decline you if your history shows that you have missed a couple of credit payments or have a county court judgment recorded against you from a few years back, but there are specialist credit cards that give you the chance to rebuild your credit record. 继续阅读“Money Insider: Find a cheaper alternative to payday loans”
Texas Senate Passes Amazingly Tough Cash Advance Reform
Whenever cash is tight and also you donвЂ™t determine if youвЂ™ll have the ability to make your lease or keep consitently the lights on, you begin searching for ways to find fast money. You are able to offer some individual products or ask family relations for the loan, but anything you do, donвЂ™t head to a payday lender. ItвЂ™s a trap that may hold you captive much too long and value you times that are many than you borrow. Payday advances arenвЂ™t worth every penny.
These loans are popular as they are acutely simple to get вЂ“ they donвЂ™t demand a credit check or security. A typical loan is for two weeks and youвЂ™re expected to pay for it back full once you get the next paycheck. But, payday loan providers charge a charge of 15% to 20per cent for every single $100 borrowed. For the loan that is two-week that works down to a yearly rate of interest more than 350%. 继续阅读“Texas Senate Passes Amazingly Tough Cash Advance Reform”