Douglas Lambros

Douglas Lambros

Food fan. Internet junkie. Organizer. Professional beer aficionado. Freelance travel scholar.

44 Author´s Articles
What apps offer instant cash advance?

What apps offer instant cash advance?

Cash advance apps are a more recent development that similarly provide quick cash before your next paycheck, but tend to...

How are payday loans repaid?

How are payday loans repaid?

Once a payday loan is approved, you may receive cash or a check, or have the money deposited into your bank account. You...

Is a payday loan expensive or a cheap way to get a loan?

Is a payday loan expensive or a cheap way to get a loan?

Payday loans only require proof of identification, income, and a bank account and are often given to people who have bad...

What is the payday loan cycle?

What is the payday loan cycle?

Payday lenders promise a cycle of debt Every time the loan is renewed, usually every two weeks, a new charge is added....

Do payday loans ever go away?

Do payday loans ever go away?

Default on a payday loan can result in bank overdraft fees, collection calls, damage to your credit score, a day in...

What payday loans do you accept stamp?

What payday loans do you accept stamp?

There are good cash advance and payday loan apps on the market that accept Chime and can be easily connected to it. We...

How many payday advances can you have?

How many payday advances can you have?

In most cases, you can only get one payday loan at a time. However, in some states, you can apply for short-term loans...

How long do payday loans stay in the system?

How long do payday loans stay in the system?

Traditional loan records can be kept for 6 to 10 years. Any type of late or delinquent loan payment will stay on your...

How long can they go after you for a payday loan?

How long can they go after you for a payday loan?

If you can't pay them within this time frame, they're likely to go to a third-party debt collection agency. In exchange...

How do advance payday loans work?

How do advance payday loans work?

A payday loan is a short-term loan that can help you meet your immediate cash needs until you receive your next paycheck. ...

Can you get several cash advances?

Can you get several cash advances?

Laws don't prohibit multiple payday loans. Payday loans, also called short-term loans, cash advances and small personal...

What is the disadvantage of getting a payday loan?

What is the disadvantage of getting a payday loan?

Payday loans are financial quicksand: many borrowers are unable to repay the loan in the typical two-week repayment...

Which payday loan gives the most money?

Which payday loan gives the most money?

Options available online that give you access to payday loans. Trying to get a payday loan online can be tricky,...

Where are payday loans legal?

Where are payday loans legal?

Thirty-seven states authorize payday loans through specific statutes including Alabama, Colorado, California, Illinois,...

Can you have 2 payday loans at once?

Can you have 2 payday loans at once?

In some states you can do it, but not from the same lending institution. As with all things, especially in the area of...

Why isn't it a good idea to use a payday lender to get a loan?

Why isn't it a good idea to use a payday lender to get a loan?

Payday loans are financial quicksand: many borrowers are unable to repay the loan in the typical two-week repayment...

Is Payday Loans USA legit?

Is Payday Loans USA legit?

Are payday loans legit in the US? UU. Yes, when you are looking for a legal payday lender, you will find several sites,...

Is direct deposit made on Monday?

Is direct deposit made on Monday?

Many of the offers that appear on this site are from advertisers from whom this website receives compensation for...

What happens if the payday is a Saturday?

What happens if the payday is a Saturday?

If you normally pay your employees on a pay schedule twice a month, and that payday falls on a Saturday, you usually have ...

Where are payday loans illegal?

Where are payday loans illegal?

The states that currently prohibit payday loans are Arizona, Arkansas, Connecticut, Georgia, Maryland, Massachusetts, New ...

How many payday loans can you have at once?

How many payday loans can you have at once?

In addition, unless they can demonstrate their ability to pay it all back, borrowers cannot apply for more than one...

How long do payday loans stay on your record?

How long do payday loans stay on your record?

Any type of late or delinquent loan payment will stay on your credit history for 6 years and that includes payday loans....

What happens if you are late in repaying a payday loan?

What happens if you are late in repaying a payday loan?

Default on a payday loan can result in bank overdraft fees, collection calls, damage to your credit score, a day in...

Can you order 2 loans from different places?

Can you order 2 loans from different places?

It is possible to apply for two loans from different locations if you meet the eligibility requirements, mainly credit...

How do you negotiate with a payday loan lender?

How do you negotiate with a payday loan lender?

Payday Lenders May Not Be Your Friends, But They Do Want Your Money Back. If you call them and tell them you can't pay,...

Can you take out two payday loans at once?

Can you take out two payday loans at once?

There is also a rule as to whether you can have more than one open payday loan in a particular state. But whether you're...

Are payday loans banned in most

Are payday loans banned in most

Payday loans are legal in 27 states, and another 9 allow some type of short-term loan with restrictions. The remaining 14 ...

How to pay off payday loans quickly?

How to pay off payday loans quickly?

The ideal option (apart from avoiding payday lenders in the first place) may be to apply for a personal debt...

Is a Payday Loan a Good Idea?

Is a Payday Loan a Good Idea?

Payday loans are designed to trap you in a debt cycle. When an emergency happens and you have poor credit and you don't...

What happens if payday falls on a Monday holiday?

What happens if payday falls on a Monday holiday?

If a payday falls on a holiday, your employees have to wait until the next business day to access their salaries, unless...

Is it a good idea to get a payday loan?

Is it a good idea to get a payday loan?

Payday loans are designed to trap you in a debt cycle. When an emergency happens and you have poor credit and you don't...

What is one of the drawbacks of a cash advance or a payday loan?

What is one of the drawbacks of a cash advance or a payday loan?

Payday loans are sometimes harder to repay than a traditional loan, because the lender did not verify your ability to...

Which payday loan has the lowest interest rate?

Which payday loan has the lowest interest rate?

Rated 4, 7 (The cheapest payday loans are those offered by traditional banks and credit unions). Your rates and rates are ...

Do payday loans appear on the credit report?

Do payday loans appear on the credit report?

Payday loans are generally not reported to the top three national credit reporting companies, so they are unlikely to...

Who makes payday loans?

Who makes payday loans?

You can use a payday loan, sometimes called a cash advance, to help pay for emergencies and other unexpected expenses. At ...

Do payday loans disappear after 7 years?

Do payday loans disappear after 7 years?

However, all that changes when the account goes into delinquency. If you fall behind on payments, the lender can sell the ...

Which states are payday loans legal?

Which states are payday loans legal?

Payday lenders tend to consider your ability to repay the loan rather than your credit score. payday loans have an...

Why is using a payday loan a very expensive form of credit?

Why is using a payday loan a very expensive form of credit?

All we've done is cover the cost of lending the money plus the default rate. There's just no benefit in this yet.

Are Payday Loans Legal in the United States?

Are Payday Loans Legal in the United States?

Payday loans are legal in 27 states, and another 9 allow some type of short-term loan with restrictions. The remaining 14 ...

Is the payday loan expensive?

Is the payday loan expensive?

If the loan is not paid in full on the first payday, a charge is added and the cycle repeats. This means you don't have...