Though the specific percentage depends on what source you prefer, all the statistics indicate that a sizable number of Americans live paycheck to paycheck. Unfortunately, living without an emergency fund is a recipe for disaster. Without a few months of expenses in the bank, people have no choice but to turn to debt when surprises …
Fox Hills Cash Review: Read This Before You Borrow Read More »
In 2020, a study showed that your odds of having a $2,000 emergency in any given month is approximately 31.8%.[1] For those who have a cash cushion to fall back on, that’s not so big a deal. For anyone without the savings to cover it, though, short-term loans become tempting really quickly. If you’re struggling …
Golden Valley Lending Review: Read This Before You Borrow Read More »
Many Americans have razor-thin margins between their income and expenses. The slightest shift in one or the other can have costly repercussions. In 2020, roughly 70% of Americans said that it would be difficult for them to pay their bills if their paycheck was late by a week.[1] When your finances are out of balance …
First Day Loan Review: Read This Before You Borrow Read More »
Payday lending has been a problem in this country for decades, almost since its very beginning. Since each state has the right to regulate the industry within its borders, it’s nearly impossible for the country to come to a consensus on the best plan of action. The lenders haven’t waited for legislators to decide their …
Silver Cloud Financial Review: Read This Before You Borrow Read More »
The short-term, high-interest loan industry is alive and well in America, despite the ongoing efforts to get it under control. America’s state governments have the power to regulate lenders within their borders, but some of them don’t play by the rules. As they transition out of storefronts and onto the internet, it’s becoming even harder …
Blue Trust Loans Review: Read This Before You Borrow Read More »
An often-cited survey by the Federal Reserve in 2017 showed that up to 40% of Americans would be unable to cover an unexpected $400 expense.[1] Whether that’s due to a lack of self-discipline or factors outside of their control, it often leads people to resort to short-term loans like the ones Inbox Loan provides. Before …
Have you ever done the math to see how long you could pay your bills without bringing in any money? For most Americans, the answer is less than a month. In 2020, 70% of the respondents in a survey stated that they would have difficulty keeping up with their financial responsibilities if they had to …
Greenline Loans Review: Read This Before You Borrow Read More »
In 2020, roughly 70% of Americans were living paycheck to paycheck.[1] If their earnings were late by just a week, they’d have difficulty meeting their financial obligations. Operating on such a thin margin is what leads people to turn to companies like Evergreen Services. They promise easy and fast cash, but can you trust them? …
Evergreen Services Review: Read This Before You Borrow Read More »
Over the past decade, online lenders have taken the credit industry by storm. In 2017, over 73% of loans to new customers originated online.[1] Storefront lenders are now a dying breed, but online lenders are multiplying exponentially. There are an endless array of options to choose from, whatever your needs and creditworthiness levels are. That …
How much do you have in savings for surprise bills? A good rule of thumb for a healthy emergency fund is to have the equivalent of three months worth of expenses. Unfortunately, that’s an ambitious goal for many Americans. As much as 60% of Americans fail to meet that benchmark[1]. It’s understandable, then, that there’s …
