Loans Information

Luxury Real Estate Information

Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties

Oceanfront Estate Near Trump National

Related Information

Loan Information
Real Estate Information
Mortgage Refinance Information

Five Things To Check Out When You Apply For a Payday Loan

Are you thinking of going in for a payday loan to meet an unexpected expense? If so, look into these five things before you finalize one. This checklist can help you make smarter choices. You might even end up saving some serious cash!

  • First thing to consider -- do you really need that cash advance? Sure, you need cash right away, but have you looked at other options? The fact is, a payday loan is an extremely expensive source of funds, with Annual Percentage Rates (APRs) ranging from 300% to 1000%. So before you take one, see if you can arrange money by taking an advance from your employer or from your credit union.

    You could also consider borrowing money from friends or family. Depending on your situation, credit card funding might be an option too, because it's usually cheaper than a payday loan.

  • Ask yourself how much you can really repay when the next payday rolls around. Work out an exact number you can commit to. Take a cash advance only for the amount you can repay, considering all charges as well. Obtain funds from other sources for any additional requirements you may have.

    Here's why. If you choose to roll over all or part of the payday loan, you end up paying much more -- additional charges, late fees, etc. Your APRs start climbing rapidly and you may even find yourself trapped in a vicious cycle of payday loan debt. Stay clear of this trap.

  • Apply only for one payday loan at a time. Your application gets reported to a consumer tracking database used by payday lenders and banks. If you apply for multiple loans, the lenders may see the multiple applications and you might end up being rejected by all of them.
  • Go through the lender's approval criteria very carefully. Apply only to one where you can qualify. If you apply to a company that has stringent criteria and get rejected, that can actually hurt your chances of getting approved by another company with more relaxed criteria.
  • If you're applying online, ask yourself if the lender's website seems professional and well-organized. Do they have clear information and guidelines on the site? A comprehensive FAQ?

    Most important -- do they have an SSL certificate on the application page? This indicates data is being transmitted securely. Secure pages have web addresses that begin with "https:" instead of "http:" and in addition, you'll see a lock symbol displayed in your browser. If a lender is using a non-secure page to collect information about you, find another lender!

  • Acting on the above points will help you make better choices about payday loans. The best solution is, of course, to get your personal finances into excellent shape so that you never need to borrow in an emergency.

    About the Author

    Prakash Menon is a financial expert and writer specializing in managing personal debt and providing wealth building solutions. He has written on alternatives to payday loans, personal debt management and other topics.

    Banks Are Approving Small Business Loans at Rates Not Seen Since Before The Great Recession  Forbes

    Many companies have had strong performances in 2018. Those that need upgrades – technology improvements, new hires, facility enhancements – are finding ...

    Navient Audit: Borrowers May Have Paid More For Student Loans  Forbes

    Did Navient steer student loan borrowers into higher cost repayment plans?

    The Community Bankers of Michigan and College Ave Student Loans Team Up to Offer Student Loan Solutions for member banks  WSYM-TV

    The Community Bankers of Michigan (CBM) and College Ave Student Loans, a leading student loan fintech lender.

    Why The Student Loan Bubble Won't Burst  Forbes

    The headlines say the student loan debt bubble is going to pop, but the mechanisms surrounding student loan debt make that impossible.

    Bank pays off single mom's student loans - WISC-TV3

    Fifth Third Bank surprises a South Side Chicago single mom and pays off $150,000 in student loan debt. Related *content*. Oxford Dictionaries picks 'toxic' as ...

    New York Lawmakers Say State Must Stop Enabling Predatory Loans  Bloomberg

    New York legislators are pledging to change laws that have allowed predatory lenders to use the state court system to seize the assets of thousands of small ...

    Leveraged Loans Are The Achilles Heal Of The Bond Market  Forbes

    Leveraged loans are doing worse than high yield and there are signs that more pain is yet to come.

    Area businesses getting no-interest loans to help recover from summer flooding

    A no-interest microloan program set up by the Wisconsin Economic Development Corporation has announced the first 10 businesses, including seven in the ...

    Fifth Third Bank surprises South Side single mom, pays off $150K in student loans  WLS-TV

    For the past 12 years, 30-year-old Jasmin Ford has had to hustle for everything she has.

    More parents struggle to repay loans they borrowed for their children's education  CNBC

    As college costs rise, more students are hitting their federal loan limits with a large portion of their bill still unpaid. Increasingly, their parents are borrowing to ...

    Ben Franklin Tech Partners approves loans to 2 Lancaster software firms  LancasterOnline

    Ben Franklin Technology Partners of Central & Northern PA on Thursday announced loans to two Lancaster businesses.

    Loan market split on potential Libor fallback plans  Reuters

    NEW YORK, Dec 13 (LPC) - The loan market is split on how best to address current document language to prepare for the demise of a benchmark that trillions of ...

    Now Loan Investors Are Heading for the Exits  The Wall Street Journal

    Speculative-grade loans, a rare bright spot in the fixed-income world for most of the year, have hit a rough patch, posing challenges for businesses that have ...

    Trump administration refuses to publish required report on student-loan borrower complaints  MarketWatch

    The plight of student-loan borrowers could get a little less attention this year. The Consumer Financial Protection Bureau failed to release an annual analysis of ...

    High Yield Becoming More Attractive Option To Leveraged Loans  ETF Trends

    The capital markets are hanging on to any sliver of positive news whether it's progress regarding a U.S.-China trade deal or more dovishness from the Federal ...

    Urban Institute Maps US Car Loan Debt and Delinquency  CityLab

    A new tool by the Urban Institute maps the geography of car loan debt and delinquency.

    Subprime personal loans will flourish in 2019 thanks to startups and Donald Trump  Quartz

    Americans are again splurging on subprime debt. The spigots are forecast to open even wider next year for personal loans, thanks to financing provided by ...

    "Buy now, pay later": Critics concerned about new online payment plans  CBS News

    Tech companies like Affirm, Afterpay and Klarna are offering instant installment plans as an alternative to credit cards.

    U.S. Leveraged Loan Funds Lose Cash at Fastest Pace Ever  Bloomberg

    U.S. leveraged loan funds saw $2.53 billion of net outflows in the week ended Dec. 12, the biggest decline on record, according to Lipper. Mutual funds saw a ...

    Sputtering Oil Industry Puts Brakes on Nigerian Bank Loans  Bloomberg

    Nigerian lenders are in retreat. Rising costs and declining appetite to lend is prompting banks to repay dollar borrowings. Brent crude prices near their lowest ...

    Do These 5 Things Now That The Student Loan Grace Period Is Over  Forbes

    And just like that, your six month grace period on your student loans is over. Here are 5 things to consider doing next. Your 5 Next Steps. There is typically a six ...

    What will happen to my student loans now Virginia College closed?  WJBF-TV

    AUGUSTA, Ga. (WJBF) - With 70 Virginia College campus, including one in Augusta, shut down, it's the largest closure since two other for-profit colleges ...

    Investors signal concerns with leveraged loans  Financial Times

    Risk premiums rise for securities backed by lower-rated corporate credits.

    Plans to Introduce No-interest Loans as an Alternative to Payday Loans  The Epoch Times

    There are plans to tackle the dominance of the payday loan industry, with the Chancellor of the Exchequer, ...

    Broker allegedly lied to just about everybody to get a loan  The Daily Herald

    EVERETT — First, the Seattle broker allegedly tricked the property owners he was representing into letting his friends buy their building in Everett. Then he ...

    Were Your TEACH Grants Converted To Loans While Teaching At A Qualifying School?  NPR

    If you're one of the thousands of teachers who had grants converted to loans even though you were meeting the teaching requirements of the TEACH Grants ...

    Help, I Can't Afford My Student Loans  Forbes

    If you can't afford the monthly payments for your student loans, you're not alone. U.S. Secretary of Education has called the rising student loan debt issue a ...

    How to avoid this common and billion-dollar student-loan trap  MarketWatch

    A new analysis tries to estimate the impact of forbearance.

    Lhome celebrates $1.5 million in loan funds and honors founders  Insider Louisville

    Lhome makes low-interest loans to small business owners and homeowners to help increase investment in Louisville's struggling neighborhoods and ...

    This 34-year-old celebrated his birthday by paying off the last of his $117,000 in student loans—here's how he did it  CNBC

    A New York-based financial reporter paid off the last of his almost $117000 student loans just before turning age 34, including $16000 in 2018 alone. Roughly ...

    Virginia College students worry about loans and transferring credits  WHNT News 19

    HUNTSVILLE, Ala - It has been almost a week since Education Corporation of America announced it was closing all its colleges, which includes Virginia College ...

    Parents struggling to repay college loans, report finds  Tampa Bay Times

    Parents are increasingly shouldering the student loan burden and risking their financial health to do it, according to a new report.

    Ecuador is feeling pain of China loans  Herald-Mail Media

    QUITO, Ecuador — Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China.

    Teachers in grant program could see their loans erased by U.S. Education Department: report

    The U.S. Department of Education is finalizing a plan to help teachers who have been wrongly saddled with debt because of a federal grant program.

    She took out $20,000 in loans for her son's college. Then he went blind  CNBC

    A bipartisan bill would allow parents who borrowed student loans for children who became severely disabled to walk away from their debt.

    Weekly Review: Senior Loan CEFs - The Sell-Off In The Sector Continues  Seeking Alpha

    Review of where senior loan closed-end funds and their benchmarks ended last week. Recap of news related to the group, if any. Comparison of the funds using ...

    Loan Deals Scrapped or Sold at Deep Discount as Market Slips  Bloomberg

    It used to be a breeze for a company to get a loan, even a highly risky one. Now, not so much. While the party isn't quite over, financial jitters around the world ...

    Yes, student loans really are making millennials go broke | TheHill  The Hill

    Ten years after America's largest financial institutions upended the economic livelihood of millions of millennials entering the job market, a new report from the ...

    $1.3B award upheld against racecar driver over payday loans

    A U.S. appeals court on Monday upheld a nearly $1.3 billion award against pro racecar driver Scott Tucker, who was sent to prison following a conviction for ...

    Butte County BOS votes to forgive loans for Concow residents who lost homes to fire twice  KRCRTV.COM

    The Butte County Board of Supervisors met on Tuesday to discuss Camp Fire concerns amid the devastation and destruction. In addition the Butte County Sheriff ...

    With no Kentland loan deal finalized, county council denies commissioners' request

    After three previous votes to table a request from the Newton County Commissioners to loan $650000 to the Town of Kentland, the Newton County Council, by a ...

    Racecar driver must pay $1.3 billion award in payday loan suit  Fox News

    A U.S. appeals court on Monday upheld a nearly $1.3 billion award against a pro racecar driver who was sent to prison following a conviction for cheating ...

    A new study says an overwhelming majority of millennials want to be homeowners, but student loans are holding them back  CNBC

    For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future — but ...

    Forgiving All Student Loans: A Bold Idea, or Welfare for the Well-Off?  The New York Times

    Readers react to David Leonhardt's argument that it's an alluring but misguided idea. Some offer their own stories of debt hardships.

    Don't make this common student loan mistake that can cost you thousands of dollars  CNBC

    Nearly 45 million Americans have some kind of student loan debt, and the system for paying back those loans can be confusing. That means it's all too easy to ...

    The Benefits Of Taking Out Loans For College  NPR

    Counselors and parents are hesitant for students to take out loans for college. But a new study shows that borrowing money can actually be helpful to students in ...

    Black Friday 2018: Should you get a personal loan for holiday shopping this year?  USA TODAY

    Americans are forecast to spend more than $1000 during the holidays. Many people turn to personal loans to finance that spending.

    Grace Period for Student Loans Is Ending, and Bills Are Coming Due  The New York Times

    Now, say advocates for borrowers, is the time to figure out what new graduates owe and to whom and whether they need to adjust the payment amounts.

    Instant shopping loans cause worries for shoppers | News  KCTV Kansas City

    There are a handful of tech companies offering something called “point-of-sale loans.”

    Former small business chief: Big tech loans will change things 'completely' for mom-and-pop shops  CNBC

    Near-instant loans from online giants like Amazon and PayPal are fundamentally changing the way small private shops do business, says former Small ...

    America's Heavily Levered Companies Layer Loans Over Loans  Bloomberg

    First the companies tapped the loan market. Not long after that, they came back for more.

    This 27 year old lives in a van to save money—here's how he makes it work  CNBC

    "I feel more financially competent and stable and well-set up than I ever have," says John Sweat, who is able to save more by living in his van, and who aims to ...

    Hard-up firms in China use cashmere and pork to repay loans  The Economist

    LI XINTONG DID not want one overpriced cashmere sweater, let alone a hundred. But when his loan to Jicai came due, the investment firm offered to repay him ...

    Lawmaker says students’ loans and GI Bills could be salvaged following closure of Virginia College | WJAX-TV

    Student left in limbo following the abrupt closure of Virginia College could get some relief.

    5 people who paid off their student loans really fast: How they did it  Ladders

    Here are stories of five people who went to extreme measures to pay off huge student loan debt in lightning-fast time. Learn from them.

    Ecuador faces a huge budget deficit because of loans it received from China  Los Angeles Times

    Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China. But the loans have ...

    California community colleges reject state aid tied to allowing students to seek federal loans  EdSource

    For years 22 California community colleges did not participate in the federal student loan program, blocking students from taking out federal loans to cover their ...

    Ross Spano should be disqualified from Congress after illegal campaign loans, top Florida Democrat says  Tampa Bay Times

    The head of the Florida Democratic Party said newly elected U.S. Rep. Ross Spano should be disqualified from serving in Congress after he acknowledged he ...

    Fareway offers employees help paying off student loans  Des Moines Register

    Fareway is offering full-time workers a new benefit that will assist them with studen loan repayment.

    What to Do Now That the Student Loan Grace Period Is Over  Lifehacker

    College grads with public student loans typically get a six-month grace period after convocation before they have to start making payments. And that means for ...

    Loans App finds a cheeky way of dealing with defaulters  Nairobi News

    A mobile application for loans has found a cheeky way of dealing with loan defaulters. The App, O-Kash that is owned by Opera Group, has been texting and ...

    Here’s How the Student Loan Landscape Has Changed Since 2013  Bloomberg

    The latest numbers on student loans were all too familiar: Outstanding debt hit another record and delinquency rates spiked in the third quarter, according to ...

    SoFi CEO Anthony Noto: Our loans 'have really strong risk controls'  CNBC

    Jim Cramer and SoFi CEO Anthony Noto break down how the millennial-facing financial company is preparing for an environment with higher interest rates.

    Big banks reaped $1bn from home loans 'while customers lost hundreds', ACCC says  The Guardian

    Competition watchdog says banks' 'opaque' pricing strategies makes it hard for customers to work out best mortgage deal.

    Fed's Warning on Leveraged Loans Seconded by U.S. Bank Regulator  Bloomberg

    A key regulator of Wall Street banks has joined the Federal Reserve in warning about risky corporate borrowing that has reached record levels as lender ...

    DeVos decries student-loan program as a ‘looming crisis’  Washington Post

    Education Secretary Betsy DeVos on Tuesday warned that the federal student aid program is a “looming crisis in higher education” in a speech that some ...

    Betsy DeVos: Student Loan Debt Is Now A 'Crisis'  Forbes

    Outstanding student loan debt has now reached a record $1.5 trillion.

    Fifa’s loan proposals may force clubs to start selling their reserves of talent  The Irish Times

    The current system means players can go on loan from big clubs for season after season.

    Shocking payday loan schemes motivated this KC startup, which just won $1 million  The Kansas City Star

    Onward Financial has won a $1 million grant to expand its personal finance app, launched in Kansas City partly due to the city's sordid history of predatory ...

    Credicorp Arguably Not Getting Its Due As Loan Growth Accelerates  Seeking Alpha

    Loan growth is reaccelerating in Peru, and Credicorp is well-placed to take advantage as it looks to expand its consumer lending capabilities. Credicorp's digit.

    Is Public Service Loan Forgiveness Going Away?  Forbes

    Public *Service* Loan Forgiveness (PSLF) has been in the news a lot lately. By way of background, PSLF is a program that allows student loan borrowers to have ...

    Florida Attorney General sues Marlin Financial over loan practices  Tampa Bay Times

    The Attorney General is asking for a $10000 penalty for every unfair and deceptive trade practices act, $15000 for instances that affected senior citizens.

    Take stock of student loans as grace period ends and bills come due  The Seattle Times

    Many student loans have a six-month grace period, which means that bills are starting to arrive. Now is a good time for borrowers to take stock of their loans ...

    Number of responsible finance providers' loans up, but their value falls  Third Sector

    A new report from Responsible Finance says the number of loans to social enterprises in 2018 increased to 475, but their total value fell to £138m.

    Fintech Rundown: Quicken Loans, LoanBeam, Calyx Software and more  HousingWire

    Quicken Loans announced it has partnered with LoanBeam to streamline the application process for its broker partners. Quicken Loans rolled out the tech to its ...

    These were the top 10 outer borough loans in November  The Real Deal Magazine

    The largest outer borough loan last month was once again in Long Island City. The top loan in November was for $275 million for Tishman Speyer's 28-10 ...

    How does Wisconsin save its crucial dairy industry? This task force has a few ideas.  The Oshkosh Northwestern

    To reverse the trend of failing dairy farms and closing cheese plants in Wisconsin, a task force is creating proposals to revitalize the industry.

    Itaú and StanChart launch blockchain platform for loans in Latin...  Reuters

    Banks Itaú Unibanco Holding SA and Standard Chartered have partnered to develop a blockchain-based platform for small syndicated loans, both companies ...

    Over $63 million in loans mostly aimed at water programs in Louisiana  WAFB

    The United States Department of Agriculture Rural Development awarded 14 grants and loans.

    Farmers eligible for emergency loans  The Times and Democrat

    Farmers in The T&D Region are eligible to receive emergency loans for losses suffered during this year's hurricanes.

    Outstanding student loan debt hits nearly $1.5 trillion: report

    Outstanding student loan debt increased by $37 billion, according to a report by Bloomberg.

    These were the 10 largest Manhattan real estate loans in November  The Real Deal Magazine

    The top 10 Manhattan loans recorded in November totaled $2.9 billion, with three loans worth more than $400 million for the first time this year. In another 2018 ...

    What is a subprime loan? - Autoblog  Autoblog

    This is part of a series breaking down all the terms you need to know if you're buying a new or used car from a dealership. Check out the rest of the series at our ...

    Baron Davis Accuses Derek Fisher of Trying to Make Money Off Broke Athletes by Joining Loan Shark Shop  Complex

    Former Laker, Thunder, and Matt Barnes punching bag Derek Fisher is the new executive vice president of a company called Luxury Asset Capital.

    SBA business recovery centers becoming loan outreach centers | Local News  The Albany Herald

    The U.S. Small Business Administration is transitioning its Dougherty and Decatur County business recovery centers into disaster loan outreach centers, and will ...

    What Is a Predatory Loan? | US  U.S News & World Report Money

    Predatory loans have unfair, misleading or unaffordable terms that generally benefit the lender at the expense of the borrower. Predatory loans have the ...

    A Student Loan Help Center, Created by Critics of Trump’s Enforcement Efforts  The New York Times

    An ex-student loan watchdog who quit the Trump administration last summer is starting a nonprofit to help borrowers with other former officials.

    Betsy DeVos Sued For Failing To Implement Automatic Student Loan Forgiveness  NPR

    A new lawsuit claims tens of thousands of borrowers are still waiting for the Department of Education to erase their debt — about $250 million — as it was ...

    Do I Have to Repay a Loan to an Ex-Lover?  The New York Times

    The magazine's Ethicist column on repaying a loan from a now ex-fiancé and apologizing to a friend whom you agreed not to contact after making a pass.

    Payday loan applicants asked to hand over bank passwords, inquiry hears  The Guardian

    Vulnerable Australians are agreeing to share their internet banking passwords so payday lenders can see their transaction history before lending them money, ...

    Winter Blast grows into 4 weekends, drops fee under new Quicken Loans sponsorship  Crain's Detroit Business

    Detroit's post-holidays Winter Blast festival is coming back in 2019 with more dates and free of an admission fee. The event in downtown Detroit's Campus ...

    Student Loan Servicer Steered Some Borrowers To Higher-Cost Plans, Government Says  NPR

    One of the companies that handles federal student loans has been steering some borrowers toward repayment plans that cost them more money over time.

    New Ethics Opinions Tackle Client Loans, Crowdfunding | The American Lawyer

    When clients use finance companies or crowdsourcing platforms to pay legal fees lawyers have stricter ethics obligations if they're closely involved with the ...

    Forty years he repaid loans…calling Mallya a fraud not right: Nitin Gadkari  The Indian Express

    DAYS after a UK court ordered the extradition of fugitive businessman Vijay Mallya, Union Minister for Road Transport and Highways Nitin Gadkari said ...

    After Congress promise to waive farm loans in 10 days, bureaucracy kicks in to action in Chhattisgarh

    Although the administration has begun the process of furnishing the required details for the farm loan waiver, the final decision will be taken by the new ...

    Loan waiver promise tipped the scales in favour of Congress in Madhya Pradesh  Times of India

    India News: Congress president Rahul Gandhi's promise of a farm loan waiver if his party is voted to power in Madhya Pradesh seems to have helped it reap a ...

    A Teacher’s Long Road to Student Loan Forgiveness (and a $4,500 Surprise)  The New York Times

    Public *service* debt waivers require 120 payments, meticulous attention to detail and, for a teacher named Jed Shafer, an appeal to a new program.

    Home sweet home: Newburgh Heights passes college loan payment plan  WJW FOX 8 News Cleveland

    NEWBURGH HEIGHTS, Ohio -- Newburgh Heights city council on Monday night voted to pass a proposal with the promise of a big payout: Move to Newburgh ...

    Major Latin American Bank Conglomerate Itau to Create Blockchain Platform for Small Loans  Cointelegraph

    News. Brazil's largest private bank has partnered with United Kingdom bank Standard Chartered to create a blockchain-based platform for small loans, ...

    Bank pays off woman's $150k student loan debt  KFVS

    Jasmin Ford received the surprise of her life. The single mother said she can now begin saving for her young son to go to college.

    home | site map
    TIGER MEDIA© 2006