Loans

TL;DR: Most payday loans don't require credit checks, which makes them accessible for those with poor credit scores. However, this means successful repayments won't...

Federal student loans are fully discharged upon a borrower's death with proper documentation. Private student loan policies vary by lender, with some offering discharge...

 The maximum lifetime federal student loan amount for dependent undergraduates is $31,000 (with no more than $23,000 in subsidized loans), while independent undergraduates can...

The bottom line is that you cannot go to jail simply for failing to repay a payday loan in the United States. Unpaid debts are...

Yes, payday loans can garnish your wages—but only after lenders take specific legal steps. Lenders must sue you, win a court judgment, and obtain...

 No, you typically cannot pay student loans directly with a credit card. Federal and most private loan servicers don't accept credit cards as payment...

 Missing student loan payments triggers a cascade of consequences including credit damage, collection costs, potential wage garnishment, tax refund seizure, and loss of borrowing...