Jersey merchandise

BNPL could be the next payday loan fiasco, experts warn

Buying Now, Paying Later (BNPL) is serious business. FinTech companies are emerging at an unrelenting rhythm, offering interest-free installment online purchase refunds. The typical shopping experience, say on a pair of £ 30 shoes, looks like this: Klarna offers you to pay in three monthly installments of £ 10. Laybuy says you can spread this […]

Jersey merchandise

Afterpay-Westpac ‘Retro’ painted with a payday loan brush

Afterpay’s new “Retro” feature retroactively splits a payment into four installments, which critics say isn’t better than a payday loan or payday advance. Announced Wednesday and slated to launch next month, Afterpay’s collaboration with Westpac retroactively splits a payment into four installments, based on one transaction in the past 72 hours. The Retro feature actually […]

Jersey merchandise

Hotel and restaurant staff top list of payday loan applications during lockdown

Hotel and restaurant staff top the list of payday loan applicants during the pandemic, new industry data has revealed. Analysis of customer trends Petits-prêts.com found that staff in the hospitality and leisure industry made the most requests for short-term loans this year, with employees in this sector borrowing an average of £1,532. The stringent restrictions […]

Jersey merchandise

Can’t Pay Off a Payday Loan? What should you do Here are your options

Your options when you can’t make your payments What options are available to you when you’re having trouble making your bad credit loan payments? First of all, you have to admit that there is a problem for yourself. No doubt you’ll try to think of as many different ways to repay as possible, but sometimes […]

Jersey merchandise

Payday loan alternatives are becoming more and more available

In perhaps the most unprecedented change, the Consolidated Appropriations Act of 2021, designed to provide financial assistance during the pandemic, included $ 3 billion specifically for the CDFI Fund, which provides financial assistance to CDFIs and institutions of minorities deposit (MDI). This amount almost equates to what the fund has received in total since its […]

Jersey merchandise

Payday Loan Alternatives The motley fool

How Does an Alternative Payday Loan Work? Alternative Payday Loans (ALP) are low value loans offered by federal credit unions. PALs are authorized by the National Credit Union Administration as long as certain guidelines are followed. First of all, you must be a member of the credit union and you must have been a member […]

Jersey merchandise

Perfect Payday Loans Review

Are you in financial difficulty? If you are having financial difficulties and would like to speak with someone for free financial advice, information and support, you can call the Financial Advisors Hotline on 1800 007 007 (open 9:30 a.m. to 4 p.m., Monday through Friday). If you are suffering from financial problems related to the […]

Jersey merchandise

Best military payday loan alternatives for 2021

Mmilitary personnel and their families do so much to serve our nation that it is surprising to discover that they are being unfairly targeted by predatory lenders. But it is, in fact, the case. The Consumers Federation of America recently published a report who noted that predatory lenders target military personnel and their families. Predatory […]