Credit Summit

Credit Summit is a website about getting out of debt. We write plain-English posts for ordinary individuals struggling to get out of debt and gain access to credit.

Payday Loan Qualifications

Payday Loan Qualifications: What You Need to Get a Payday Loan

Payday loans are short-term emergency loans people take to cover urgent cash needs until their next paycheck. A typical payday loan averaged $375 in 2020. For a comparatively small amount people need to repay within a couple of weeks, payday lenders may charge an interest of up to $75.  In desperate situations, a payday loan …

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Mountain Summit Financial Review: Read Before You Borrow

An unexpected bill has come up and you need money right now. A quick internet search turns up Mountain Summit Financial, which promises short-term loans of up to $1,500. Before you apply for a loan from it, get the full story on Mountain Summit Financial. What is Mountain Summit Financial? Mountain Summit Financial isn’t technically …

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6 Best Student Loan Refinancing / Consolidation Lenders

If paying back your student loans feels like a burden you’ll never escape from, don’t stress – there are options to simplify the process. Refinancing or consolidating your loans may be a strategic move if you’re looking to lower your interest rate, shorten (or lengthen) your payment term, or streamline all of your payments into …

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What are payday loans? The definitive guide to payday lending

Are you looking for a fast cash solution for your sudden financial emergencies?  Is your current credit score preventing you from acquiring a good low interest loan?  Have you been thinking about applying for a payday loan? Think again.  Payday loans are indeed a fast solution for small financial emergencies. However, these cash advances are …

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