Major causes of debt Americans are no strangers to debt. Figures show that the majority of us do not pay off our credit card balance in full each month, while a third of us have at least ten different credit cards. Let’s take a look at some of the major reasons why Americans get into … Continue reading “Major causes of debt”

Read More

Debt consolidation companies There are various companies doing debt consolidation with each using a variety of methods. That is why it is important that consumers understand the differences in every plan. Debt management, debt settlement, debt relief and debt negotiation are all different types of  plans for consolidating debt. Each one has certain features that … Continue reading “What you need to know about payday loan consolidation programs”

Read More

Usually, people tend to believe that payday loans are extremely profitable. The truth is quite different though. Payday loan lenders have ordinary profitability despite the high interest rates of their products. A recent study found out that payday lenders’ returns don’t differ from financial returns of other lenders and their effective annualized interest rates of … Continue reading “Payday profitability: why there is less profitability in payday loans”

Read More