Our opinions are our own. Here is a list of our partners and here's how we make money. Payday loans are expensive, high-interest loans with short repayment periods that can be difficult to repay ...

Doing so can help you save money, pay off your debt faster and build your credit. The idea behind payday loan consolidation is the same as with all debt consolidation: you take out a new loan ...

Payday loans are short term ... Repaying these loans is typically tough because the borrower ends up using the repayment money to cover the interest and has difficulty paying down the loan principal.

If you’re short on cash before your next payday, a loan app might be a helpful solution. These mobile apps offer short-term loans that are easier to obtain and more convenient to repay than ...

Stefanie O'Connell Rodriguez, the host of Real Simple's Money Confidential podcast and a personal finance expert with Discover, recommends steering clear of payday loans if at all possible.

Borrowing money from family or friends is another alternative to payday loans that can be both convenient and cost-effective. Such informal loans often come with the advantage of low to no ...

Since 2011, she’s helped steer content creation in the areas of mortgages and loans, insurance, credit cards, and investing for major finance verticals, including Investopedia, Money Crashers ...

However, the decision between opting for a personal loan or a payday loan depends on various factors and should be made after carefully considering your ability to repay the loan within the given ...