Need to escape payday loan debt? Here’s how

Need to escape payday loan debt? Here’s how That’s how the 12 million Americans who take out payday loans each year usually feel. That’s understandable, considering they pay out around nine billion dollars in loan fees. But there is hope – you don’t have to be stuck in the payday…

What if I can’t pay the loan off in time?

What if I can’t pay the loan off in time? The legal limits on service fees for payday loans are based on the loan amount. A payday lender may charge up to 15 percent on the first $100, 14 percent on the second $100, 13 percent on the third $100,…