If you’re seeking debt relief from payday loans, which often include high interest and monthly payments, there are some alternative options to consider. Last Updated: Sep 6, 2024.

Your financial habits: Consolidating your payday loan debt won't help much if you end up borrowing again a few months down the line. If you choose to consolidate this type of debt, ...

Start exploring your debt relief options here.. How to escape the payday loan debt cycle, according to experts . Christopher L. Stroup, a certified financial planner and founder of Silicon Beach ...

Personal loan amounts vary, but typically start around $1,000, so you should have at least $1,000 in payday debt before applying for a consolidation loan. 2. Shop around for the best loan ...

Understanding the pros and cons of personal loans is important when shopping for a lender and deciding whether to apply for ...

Payday loans: These loans are structured in a way that pays off the loan with your next paycheck — but come with extremely high fees and rates. Some payday loans can charge in excess of 200% APR ...

Rhode Island legislation to repeal the payday lending law, allowing annualized interest rates of 260%, is progressing in the House and Senate. Advocates have sought repeal since 2006, facing ...

Backers said the bill would protect Alaskans from predatory loans. Opponents said it would unnecessarily restrict borrowing ...

How to escape the payday loan debt cycle, according to experts Christopher L. Stroup, a certified financial planner and founder of Silicon Beach Financial, recommends starting with negotiation.