Tag: loan

31-Jan

Why Choose to Get a Payday Loan

Why Choose to Get a Payday Loan

Payday loans are considered a double-edge sword in finance. While it’s a popular option in order to borrow money really quick, it is also a very dangerous practice if you are not careful. Payday loans are regularly used for instances where an individual will need to pay for food or a bill very soon, but need to wait for their…

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16-Dec

So How Do Late Payments Actually Affect Your Credit Score?

So How Do Late Payments Actually Affect Your Credit Score?

All it takes is one late credit card or loan payment to cause a serious hit to your credit scores. This is because your payment history is typically the most important factor used to calculate your credit scores, so it’s important to minimize late payments — or, if possible, completely eliminate them — in order to maintain healthy credit. What qualifies…

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