Understanding Payday Loans

A payday loan lets you borrow money for a short-term period and is usually payable on your next payday. However, these are often not for large sums of money and have hefty interest rates. The typical borrowing limit is $500, though restrictions might be higher or lower. Interest rates can be costly. The usual loan annual percentage rate (APR) is 664 percent which is more than 40 times higher than the average credit card interest rate.  Paying a payday loan is usually done in one lump sum on the borrower’s…

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Best 3 Month Payday Loans Online even for bad credit

How to Get a 3 Month Loan To find the opportunity of getting a Payday loan with 3-month repayment term, you just need to surf the Net and meet the lender’s requirements. They are usually limited to a government-issued ID, proof of income, active bank account and social security number. Each of us may come across financial difficulties from time to time and happen to look for emergency funding. No matter whether you need quick cash for car repairs or medical emergencies, you can always take out a $ 100,…

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Insurance and credit score make a troublesome mix

Suze Orman Credit Score Insurance Woes

Credit score and its use by the insurance industry is not well understood by consumers Insurance and credit score are too things that often intermingle without much notice. Many insurance companies use credit score and other socio-economic information to price policies. This is somewhat common in some U.S. states, but it is also banned in much of the country due to the fickle nature of credit and the relatively loose understanding that consumers have regarding their own credit scores. Suze Orman, a prominent financial advisor, has been calling into question…

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