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What’s the Allure of a Payday Loan?

July 27, 2018 by Chris

Despite the disadvantages when compared to other forms of credit, there will always be people who turn their attention to a payday loan when they need money. While there is nothing wrong with considering all your financial options, especially when searching for a loan, it’s important to do so with a clear mind. Without this, … Read more

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Mounting Debt Makes You Vulnerable to Poor Decisions

June 20, 2018 by Chris

As you take on more and more debt, you can be rest assured that your financial situation will change in many ways. Mounting debt has a way of making you vulnerable to poor decisions. Subsequently, as you make these decisions, your situation worsens and the cycle continues. Here’s an example. You continue to use credit … Read more

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Does it Make Sense to Use a Credit Card?

January 1, 2019May 25, 2018 by Chris

You’ve heard the horror stories in the past. You may have personally gone down the wrong path with a credit card at some point. There are people who will tell you that a credit card is the best financial tool they have. There are others who will tell you that using one of these has … Read more

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What’s So Special About a Personal Loan?

April 27, 2018 by Chris

If you find yourself in need of fast cash, you may soon find yourself pulled in the direction of a payday lender or loan shark. With both these options, you know you can get the money you need without delay. And while you may have some reservations about getting involved with a less than reputable … Read more

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LoanSharks.com recommends that you look into consolidating high interest loans with your local Credit Union, but we understand that obtaining a loan from an on-line lender may also be a good approach. We recommend that you compare rates and fees before committing to any loan. Here are financial resources to help guide you with debt help and lenders. If you are looking for a loan instead, you can do so here.

What Can You Do?

We’re fighting for healthy lending! It takes both demand and supply to create a marketplace. You can do your part by reducing demand for predatory lending by learning more about good loan practices, and how you should shop for loans.

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