Regulations require payday lenders to display interest rates (APRs) for loans, even though the loans are always for 30 days or less. This can be misleading as these types of loans are fee-based loans and not interest-based ones using a 12-month period.
This year, with the COVID situation, most of us have limited money to spend on gifts for our family and friends. So, before you start shopping, ask for ideas, and then make a list. Then, check prices online and determine what fits within your budget but allows you to get the most out of your money. You may also consider home-made products as gifts; they are often more valued and less costly.
If you do not have a well-structured and documented budget, now is the time to start. You still have the time to do it, and it should be something you do for a lifetime. Start by adding up all income you will have while unemployed. Then list all expenses and cut anything that is not essential.
The number one complaint about payday loans is their high cost. Many times, the APR of the loan is highlighted. But this is the wrong way to look at these truly short term loans. They are fee-based loans, and the fees can be high. Why? Because the lender's risk is remarkably high, and those seeking these loans have poor credit, to begin with.
It is a simple process. Using your smartphone, you can access the loan request form and fill it in. As soon as the application is approved, you get connected to your lender to complete the process-no driving around looking for a store, especially when more than 100 lenders see your request.
In these unprecedented times, millions of people need emergency cash, a cash advance, and they need it fast! A small cash advance can often save utility penalties and fees, NSF fees at $35 a pop, and other expenses.
They are safe to apply for and easy to do. Some critics believe the high fees associated with these loans should stop you from considering one. However, most people with bad credit have no other options and have already tried other ways to get the cash they need in an emergency. The high fees may actually be less than utility setups, redeposit, and start-up fees or high bank NSF fees if you are trying to cover some checks you issued.
Almost everyone in America has been a victim of identity theft or knows someone who has been. A criminal who has your Social Security number can use it to get other personal information about you. Identity thieves will often use your number and your good credit to apply for more credit in your name.
There are many items that count as income when determining your Social Security income. However, there are also items that do not count as income and do not affect your Social Security income.
There are items that are counted as income by the SSA (Social Security Administration) as well as those that do not. Here we will list many of the items that count as income and can affect your Social Security benefits.
