The Washington State Department of Financial Institutions (DFI) has warned consumers to check the license the lender before taking a loan or providing any personal information. A consumer reported that a lender asked her to make an advance payment to get a loan. When she paid the fee, the lender asked her to pay additional […]

The Center for Responsible Lending mentioned in a report, which was issued this week, that consumers who have exhausted their borrowing options are the ones who use their automobiles and vehicles as collateral and pay $3.5billion in interest each year for title loans, also known as auto title loans. The report illustrated that on an […]

People who earn less than $1,500 on a monthly basis can find themselves facing tough situations and choices especially with the sky high costs of various products and services these days. If you use up all of your monthly income without saving anything, then you will be living paycheck to paycheck, which isn’t a very […]

Payday loans are short term loans that are unsecured and are also referred to as payday advances or small dollar loans. Payday loan services first emerged in the United States in early 1990s and since then started on a growth climb due to a number of reasons. The financial service changes occurring in the marketplace […]