Cash advance and payday loans

If you do not want credit insurance, tell your lender. Avoid any lender who pressures you into getting credit insurance. Lenders cannot deny your loan simply because you have declined the optional credit insurance. BEWARE. Beware of equity stripping. Some lenders may ask you to pad your income to help get your loan approved. You are being set up. This may help you get your loan quicker, but you may not have enough income to make the required monthly payments and could lose your home.

Beware of balloon payments. If you have fallen behind on your payments, and face foreclosure, some lenders will offer to lower cash advance and payday loans monthly payments.

Cash advance and payday loans

It just depends on whether the cost of opening a new account (new checks, less favorable fees, convenience) exceeds the cost of stop payment fees. Most states have some type of consumer affairs department that publishes information about payday lenders specifically for that state.

For further information online, search for payday lender brochure. Even better, consult your friendly neighborhood bankruptcy lawyer, who can help you determine what to do about payday lenders as well as other creditors.

Cash Advance Bankruptcy. If you're considering filing for personal bankruptcy as a way to relieve overwhelming debt, you may be concerned about how certain debts are treated in bankruptcy court.

Cash advance and payday loans

If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments. Simple Online Form Fast Access to Funds. Start Now and Get Results Fast. How It Works. Fill Out Our Simple Form. It takes minutes to fill out our online form. It is protected by top-notch security software and absolutely free for you to use.

Cash advance and payday loans