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Judy D. Kenny

Are APR’s always high for Payday Loans?

Judy D. Kenny Jan 14, 2023

Payday loans are short-term loans designed to provide borrowers with quick access to cash. They are typically used to cover unexpected expenses and are due when the borrower receives their next paycheck. The Annual Percentage Rate (APR)…

Repayment and consequences

How can I consolidate multiple Payday Loans?

Judy D. Kenny Jan 11, 2023

Payday loans are short-term loans that are typically due on the borrower's next payday, usually two weeks or one month after the loan is taken out. Payday loan consolidation is the act of taking out a single loan to pay off multiple…

Limits and restrictions

Which US states have the highest usage of Payday Loans?

Judy D. Kenny Jan 10, 2023

Payday loans are small, short-term loans offered by lenders to individuals that need quick access to cash in between paychecks. They are commonly used to cover emergency expenses such as unexpected medical bills or car repairs. This…

Limits and restrictions

How many people in the US use Payday Loans?

Judy D. Kenny Jan 9, 2023

Payday loans are short-term loans, usually offered with high interest rates, that are meant to cover a borrower's expenses until their next paycheck arrives. This article will look at the number of people in the United States who use…

Repayment and consequences

Can I use a Payday Loan for a deposit?

Judy D. Kenny Jan 8, 2023

A payday loan is a short-term, unsecured loan that is typically used to cover unexpected expenses or to bridge the gap between paychecks. Generally, payday loans have higher interest rates than other types of loans, and they are usually…

Payday loans basics

What are Payday Loans typically used for?

Judy D. Kenny Jan 7, 2023

A payday loan is a type of short-term loan that is intended to cover unexpected expenses or other financial needs until the borrower's next payday. Payday loans are generally offered at a higher interest rate than traditional loans and…

Repayment and consequences

Is a Payday Loan an installment or revolving credit?

Judy D. Kenny Jan 3, 2023

A payday loan is a type of loan that is typically given to borrowers who need cash quickly and need to pay it back within a short period of time. Installment credit is a type of loan where the borrower pays a fixed amount of money every…

Repayment and consequences

Can I take legal action if I don’t repay my Payday Loan?

Judy D. Kenny Jan 3, 2023

Payday loans are short-term loans designed to help people manage their finances when unexpected expenses arise. They are often used by people who do not have access to other forms of credit, such as credit cards or personal loans.…

Repayment and consequences

Can I renew my Payday Loan?

Judy D. Kenny Jan 2, 2023

What is a Payday Loan? A payday loan is a short-term loan offered by a lender to a borrower that is generally due on the borrower's next payday. These loans are meant to be used for emergencies and can be used for a variety of reasons,…

Payday loans basics

What other options exist besides Payday Loans?

Judy D. Kenny Jan 2, 2023

Payday loans are short-term, high-interest loans that are typically used by people who are in need of quick access to cash. These loans are typically due on the borrower’s next payday and can be very costly if not paid back on time.…

Repayment and consequences

What is the overall value of the Payday Loan industry in the US?

Judy D. Kenny Jan 1, 2023

The payday loan industry is a group of financial service providers that offer short-term loans to borrowers who need quick access to funds. These loans are typically for amounts of up to $1,000, and are often secured against a…

Payday loans basics

Who typically uses Payday Loans?

Judy D. Kenny Jan 1, 2023

A payday loan is a type of short-term loan that is offered in exchange for a borrower’s check, usually dated for the date of the borrower’s next paycheck. The loan is generally smaller in size, with a high interest rate, and the loan is…

Payday loans basics

Do Native American tribes provide Payday Loans?

Judy D. Kenny Dec 26, 2022

Definition A payday loan is a short-term, high-interest loan that is usually due on the borrower's next payday. These loans are typically used to cover unexpected expenses or to bridge the gap between paychecks. How They Work Payday loans…

Repayment and consequences

What happens if I am unable to repay my Payday Loan?

Judy D. Kenny Dec 19, 2022

A payday loan is a short-term loan, typically for a small amount of money, that is typically due on your next payday. They are also sometimes referred to as cash advances or check loans. Payday loans are often offered by storefront…

Payday loans basics

Who are Payday Loan Direct Lenders?

Judy D. Kenny Dec 19, 2022

Payday loan direct lenders provide short-term loans to borrowers who need quick access to cash. These loans are often used to cover unexpected expenses or to bridge a gap between paychecks. Direct payday lenders offer loans with higher…

Payday loans basics

Are Payday Loans detrimental?

Judy D. Kenny Dec 19, 2022

Payday loans are short-term, high-interest loans typically used to cover unexpected expenses until the borrower's next paycheck. While they provide quick access to short-term financing, payday loans can be expensive and can often lead to…

Repayment and consequences

What should I consider before getting a Payday Loan?

Judy D. Kenny Dec 16, 2022

A payday loan is a short-term, high-interest loan that is typically used to cover unexpected expenses. Payday loans are generally easy to acquire, but they often come with high interest rates and short repayment terms, making them a…

Payday loans basics

How do Payday Loans function?

Judy D. Kenny Dec 16, 2022

A payday loan is a short-term loan that is typically due on the borrower’s next payday. Payday loans are generally designed to provide quick access to a small amount of money – usually less than $1,000 – to help borrowers cover emergency…

Payday loans basics

What do Payday Loans consist of?

Judy D. Kenny Dec 16, 2022

What is a Payday Loan? A payday loan is a short-term loan that is typically due on the borrower’s next payday. It is designed to provide quick cash to cover unexpected expenses until the borrower’s next paycheck. Payday loans generally…

Repayment and consequences

Do I need insurance for my Payday Loan?

Judy D. Kenny Dec 8, 2022

Payday loans are short-term loans designed to help those in need of quick cash to cover unexpected expenses. They are often used to cover car repairs, medical bills, or even rent. While payday loans can be helpful in a pinch, they can…

Repayment and consequences

Can I pay off my Payday Loan early?

Judy D. Kenny Dec 6, 2022

A payday loan is a short-term, high-interest loan that is typically due on your next payday. Payday loans are a convenient way to get cash when needed, but they can be expensive and should be used with caution. Paying off a payday loan…

Repayment and consequences

What are the legal options to stop paying a Payday Loan?

Judy D. Kenny Dec 6, 2022

A payday loan, also known as a cash advance loan, is a short-term, unsecured loan that is typically due on the borrower's next payday. These loans are typically used to cover unexpected expenses or to bridge a gap between paychecks.…

Eligibility and qualifications

Can I get a Payday Loan to pay off college debt?

Judy D. Kenny Dec 3, 2022

A. Definition of Payday Loans A payday loan is a short-term loan with high interest rates that is typically used to cover unexpected expenses or bridge a temporary gap in income. It is usually paid back on the borrower’s next payday.…

Eligibility and qualifications

Can I use a Payday Loan to cover gambling losses?

Judy D. Kenny Dec 3, 2022

Gambling is an activity that has been around for centuries, and it can be an enjoyable way to spend time and potentially win money. But when it comes to covering gambling losses, it is important to understand the risks, legal…

Eligibility and qualifications

Can I qualify for a Payday Loan if I am retired?

Judy D. Kenny Dec 3, 2022

Payday loans are short-term, high-interest loans that are intended to cover financial needs until the borrower's next payday. These types of loans are generally available to people with steady employment and a good credit rating. But…

Repayment and consequences

Can I cancel my Payday Loan?

Judy D. Kenny Dec 1, 2022

A payday loan is a short-term, high-interest loan that is intended to cover a borrower's expenses until their next payday. Payday loans are typically due on the borrower’s next payday, but they can be cancelled if certain conditions are…

Repayment and consequences

What is the most effective way to repay my Payday Loan?

Judy D. Kenny Nov 30, 2022

A payday loan is a short-term loan with high interest rates that is often used by individuals who are in need of immediate funds. These loans are typically taken out for two to four weeks, and the borrower is required to pay the entire…

Rates and fees

How much does a $1000 Payday Loan cost?

Judy D. Kenny Nov 28, 2022

A. What is a Payday Loan? A payday loan is a type of short-term loan that is typically repaid when the borrower receives their next paycheck. Payday loans are usually for amounts between $100 and $1000, and can be taken out in a matter…

Rates and fees

What are the state-specific caps on Payday Loan fees?

Judy D. Kenny Nov 24, 2022

A payday loan is a short-term financial loan typically used to cover unexpected expenses or to bridge a temporary gap between paychecks. The purpose of a payday loan is to provide fast access to cash in emergency situations.…

Limits and restrictions

What is the maximum amount I can borrow for a Payday Loan?

Judy D. Kenny Nov 22, 2022

A payday loan is a short-term, high-interest loan that is intended to provide financial relief to borrowers in need. It is typically offered by a lender on the understanding that the loan will be repaid on the borrower's next payday.…

Repayment and consequences

Can I make a partial payment on my Payday Loan?

Judy D. Kenny Nov 21, 2022

A Payday Loan is a type of loan that is generally taken out for a short period of time, typically between two weeks and one month. This type of loan is often used in cases of emergency and is meant to be paid off quickly. In some cases,…

Rates and fees

Is the interest rate on a Payday Loan fixed or variable?

Judy D. Kenny Nov 21, 2022

A payday loan is a type of short-term loan that is generally used to cover unexpected expenses or to provide financial assistance in an emergency situation. The loan is typically repaid either in one lump sum or over a series of…

Payday loans basics

What are the regulations surrounding Payday Loans in the US?

Judy D. Kenny Nov 21, 2022

Definition Payday loans are short-term, high-interest loans, typically for amounts under $500, that are available to borrowers who need cash quickly. They are generally repaid in a single lump sum payment on the borrower's next payday.…

Repayment and consequences

Which states in the US legally allow Payday Loans?

Judy D. Kenny Nov 19, 2022

A payday loan is a short-term, unsecured loan that is taken out to cover an unexpected expense or to bridge the gap between paydays. The borrower will usually provide a post-dated check to the lender, who will then cash it once the loan…

Repayment and consequences

Can I get a Payday Loan from another state?

Judy D. Kenny Nov 13, 2022

Payday loans are short-term, high-interest loans that are typically used to cover unexpected expenses. They are typically secured by the borrower's next paycheck and can be used for anything from medical bills to home repairs. However,…

Eligibility and qualifications

Will a Payday Loan affect my ability to get a mortgage?

Judy D. Kenny Nov 11, 2022

A payday loan, also known as a cash advance loan, is a short-term loan that is typically due on the borrower's next payday. It is a loan of relatively small amounts of money that is intended to provide a temporary solution to an…

Repayment and consequences

Will a Payday Loan impact my credit score?

Judy D. Kenny Nov 10, 2022

A payday loan is a type of short-term loan that is available to borrowers in need of cash to cover emergency expenses. It is an unsecured loan, meaning there is no collateral or security required. A credit score is a numerical…

Payday loans basics

How do Payday Loans compare to Title Loans?

Judy D. Kenny Nov 4, 2022

Purpose of this article is to compare the differences between Payday Loans and Title Loans. Payday Loans are short-term loans that are typically due on the borrower's next payday. Title Loans are secured loans that are secured using a…

Rates and fees

How much will a $500 Payday Loan cost me?

Judy D. Kenny Nov 2, 2022

A Payday Loan is a short-term loan that provides a borrower with a small amount of money, typically between $100 and $1,000. These loans are typically due on the borrower’s next payday, hence the name. This article will explore the…

Repayment and consequences

Can I extend the due date on my Payday Loan?

Judy D. Kenny Oct 31, 2022

A payday loan is a short-term loan for a small amount of money, typically due on the borrower's next payday. It is often used to cover unexpected expenses or to bridge a financial gap when other forms of credit are not available. Payday…

Repayment and consequences

Should I choose a Payday Loan or an Installment Loan?

Judy D. Kenny Oct 26, 2022

When faced with a financial emergency, you may need to borrow money. Two of the most popular types of loans are payday loans and installment loans. It’s important to understand the differences between the two so you can make an informed…

Limits and restrictions

How many Payday Loans can I have in a year?

Judy D. Kenny Oct 26, 2022

Payday loans are a form of short-term, high-interest financing, often used by people who have limited access to traditional forms of credit. With the increasing cost of living and the difficulty of finding a job in the current economic…

Limits and restrictions

How many outstanding Payday Loans can I have at once?

Judy D. Kenny Oct 25, 2022

Payday loans are short-term loans intended to provide borrowers with funds for emergencies or other unexpected expenses. These loans are typically due within two weeks, and generally carry a high interest rate. Generally, payday loan…

Eligibility and qualifications

Is having a bank account a requirement for a Payday Loan?

Judy D. Kenny Oct 25, 2022

A payday loan is a type of loan that allows people to borrow a small amount of money for a short period of time. Payday loans typically have a high interest rate, and borrowers must pay back the loan on their next payday. To be eligible…

Repayment and consequences

What percentage of people fail to repay Payday Loans?

Judy D. Kenny Oct 24, 2022

Payday loans are short-term, high-cost loans that are often used by individuals to cover unexpected expenses or bridge the gap between paychecks. While these loans may be helpful in certain circumstances, they can also be risky. In this…

Lending App

In Ireland, an app that allows employees to access a portion of their money before payday goes live

Judy D. Kenny Apr 1, 2022

A new personal finance app has been created that allows employees to access an interest-free portion of their monthly earnings before payday. Flexible Financing Service Employees can use the Azucko app to have more flexibility based!-->!-->!-->!-->!-->…