Loans
Can a Payday Loan Sue You After 7 Years? Understanding Time Limitations
No, a payday lender typically cannot successfully sue you after 7 years for an unpaid loan. Most states have statutes of limitations shorter than...
Payday Loans
Is Balance Credit a Payday Loan? Understanding the Key Differences
No, Balance Credit is not a payday loan. While both financial products serve people seeking quick funds, Balance Credit offers installment loans that work...
Payday Loans
Do Payday Loans Affect Your Credit Score? The Truth Revealed
Payday loans typically don't affect your credit score—unless you default. While on-time payments won't help build credit (they aren't reported to major bureaus), unpaid...
Loans
How to Get a Payday Loan: Essential Requirements & Application Guide
To qualify for a payday loan, you'll need to be at least 18 years old, have valid government ID, proof of steady income, an...
Loans
Do Payday Loans Check Credit? The Truth About Payday Lending
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...
Loans
Can You Go to Jail for Not Paying Payday Loans? Legal Facts Explained
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...
Loans
Can Payday Loans Garnish Your Wages? What You Need to Know
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...
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