Archive for the ‘ Payday Loans’ Category

Fintech App Dave Fights Overdraft Costs and Payday Lenders

Posted by: funnytodd   
March 15th,

Dave, a new fintech software, could be the David to your big banking institutions’ Goliath, fighting exorbitant overdraft charges by warning individuals they’re about to blow their spending plans and also lending them $75 until their next paycheck.

With 4 away from 5 People in america residing paycheck to paycheck, the money advance through the Dave mascot, a bespectacled bear, assists you to buy a tank of gasoline or food until next payday, creator Jason Wilk told TriplePundit.

Choices like payday advances can drive individuals into further debt, as 3p has reported. Read the rest of this entry »

Will an Emergency Loan Influence My Credit History?

Posted by: funnytodd   
March 5th,

Some forms of crisis loans make a difference your credit rating, while some will perhaps not. Whether one does depends primarily on if it turns up on your credit file with Equifax, TransUnion, or Experian.

The loan won’t influence your credit score (unless you default and a collection agency adds the bad debt to your credit reports at a later date) if a lender doesn’t report your account to the credit bureaus. Read the rest of this entry »