Before knowing the effect of an unpaid payday loan on your credit, you need to find out what is a payday loan and how it works. What is a payday loan? A payday loan is a small unsecured cash loan with a short tenure. A borrower may get this loan against a post-dated personal check […]
Payday loans are the worst form of credit that you can ever take out to cater your financial needs. That’s the end of the discussion! I believe I should stop right here as I have made myself clear! But, I can’t. Say why? Because, even though many of us understand that payday loan is dangerous, […]
The US national debt is all set to pass the tipping point! Currently, our nation is the biggest debt carrier in the whole world where the US alone is having a 31.8% share of the global debt! Our national debt has touched $21 trillion, as of the second quarter of 2018! What does it mean […]
With the rise of payday loan borrowing, it has become a question of many that whether or not payday lenders can garnish wages or seize assets if the loans go unpaid. To make you aware of the fact, yes the lenders can seize assets or start to garnish your wages, if you default on payments! […]
