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Russia’s Overdue Payday Loan Portfolio H

[ad_1] The number of overdue payday loans in Russia hit a record high of 5.4 million in February, according to consumer credit ratings agency Equifax. In total, Russians owe 172 billion rubles ($2.2 billion) to microfinance organizations — ultra short-term loans which typically come with high interest rates and are designed to tide over borrowers […]

How to Get Out of Payday Loan Debt Now

[ad_1] The key is to shop around and find a loan at the most affordable rate and with the most favorable possible terms. If you’re able to get a personal loan, you can significantly reduce the interest rate and borrowing costs you pay compared with payday loans. More of your money will go towards paying […]

Afterpay-Westpac ‘Retro’ painted with pa

[ad_1] Afterpay’s new ‘Retro’ feature retroactively divides a payment into four instalments, which critics say is no better than a payday loan or wage advance. Announced on Wednesday and scheduled for launch next month, Afterpay’s collaboration with Westpac retroactively divides a payment into four instalments, based off a transaction in the past 72 hours. The […]

Best Online Payday Loan Companies for In...

[ad_1] Financial hitches seem to always creep up on you when your cash flow is less than favorable. So much so that it’s almost like they can sense dwindling savings. Thankfully, online payday loan companies can cover you during those emergencies. They do this by giving you the financial float you need before getting your […]

State law causing payday loan stores to ...

[ad_1] “Out of Business.” That sign is nothing new the past 18 months. Thanks to the coronavirus pandemic, sales for many merchants dried up, doors were shut, and employees were let go. But all across Illinois, a state law passed earlier this year has led hundreds of certain types of stores to close, including at […]

What Is a Payday Loan?

[ad_1] Payday loans provide a quick influx of cash, but should be considered last resort options. You could pay interest rates that equate to 400% APR or more with payday loans.  Alternatives include local nonprofits, churches, family members, and personal loans. Read more of Personal Finance Insider’s loan coverage here. Payday loans are advertised as […]

Survey: 90% of borrowers regret taking o...

[ad_1] findings show 80% say their short-term loan worsened their financial situation instead of helping Low-income households see saving as impossible, but with the right strategy, it’s possible to build an emergency fund that can ward off the need for payday loans.” — Dr. Robert H. Scott III, Monmouth University Professor AUSTIN, TEXAS, USA, […]

What makes millennials turning to payday...

[ad_1] What makes millennials turning to payday loan and you will pawn shops? A lot more millennials are embracing payday loan and pawn sites to have much needed dollars – movements that will promote instantaneous save, but commonly cause higher debt. That’s based on a new study on millennials and monetary literacy of the Worldwide […]

93% of payday loan borrowers regret taki...

[ad_1] article Payday loans can be a debt trap for borrowers who can’t afford to make payments. Here’s how you can repay your payday loan balance before it’s sent to debt collectors. (iStock) Payday lenders prey on borrowers with bad credit who desperately need money, trapping them in a cycle of high-interest debt that’s difficult […]

Reasons Why You Might Need to Apply for ...

[ad_1] There are many reasons why a person might need to apply for a payday loan. Payday loans, or short-term loans, are easily accessible loans that don’t require a particularly high credit score to be taken out. If approved, they can be paid out in hours. They are a favourite among borrowers, because of their […]

Are you able to get a loan with bad cred...

Even if you’ve got bad credit, there are ways to qualify for loans. It may be difficult to obtain the loan you require with acceptable terms when you’re not a credit score holder. It can feel as if all the world is against you. But, there is hope. There’s a chance to borrow money with poor credit. Strategies […]

Covid Won’t Change Company’s Office Foot

[ad_1] Amazon occupies more than 44M SF of offices across the world, and like many workplaces throughout the last year, they are still mostly empty. Roughly 90% of the company’s office-using employees are working remotely today, but the company hopes to bring people back by the fall, Amazon Vice President of Global Real Estate and Facilities John Schoettler […]

How Employee Assistance Programs Can Hel...

[ad_1] As protests against racism continue around the world, many workplaces are finally trying to challenge – and dismantle – their own systems that defend racist views and policies. For many businesses, well-positioned Employee Assistance Programs (EAPs) that nurture strong relationships with workplace leaders can be part of the solution. The author recommends six actions […]