How one Middle Class Man Escaped The Payday Loan and Credit Card Debt Nightmare

Advertorial by Angela Singleton    A payday loan is a short-term loan, generally for $500 or less, that is typically due on your next payday.. Sounds like not such a bad idea if your short on the rent or Christmas gifts for the kids. The problem is, The interest rates and fees are so high that it makes it virtually impossible to pay the loan back the next payday! This is by design, those lenders know this and actually want you to be delinquent with the scheduled payment, this enables them to enroll you into…

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Borrowers Rush to take Advantage of Millions in Student Loan Settlements

                                                        ADVERTORIAL By Thomas Fenton    If you have student loans, you have probably heard of what most experts are calling the “Student Loan Bailout”.  Much like the mortgage bailout several years ago, millions of borrowers are having payments reduced and some even receiving refunds. According to the Washington Post, the previous administration announced a plan to exempt and additional $7.7 billion in federal student loans held by an…

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Will Chips In Credit Cards Stop Fraud?

In the past few years, companies that issue credit cards have spent hundreds of millions of dollars to give their customers better security with credit cards that contain microchip technology. Likewise, large retailers have invested even more money in the hardware that they need to read these cards. However, some critics don’t believe that the new cards will really eliminate fraud. In fact, they fear that microchips in credit cards will only shift the way that thieves commit credit card fraud. Chip and PIN Compared to Chip and Signature Credit…

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