Terry Konarik

Terry Konarik

Certified coffee practitioner. Proud web maven. Passionate coffee geek. Amateur travel advocate. Unapologetic internet enthusiast.

55 Posts Written
Does Illinois Still Offer Payday Loans?

Does Illinois Still Offer Payday Loans?

Whether you're in Chicago, Aurora, Naperville, or Rockford, we can help you find the best payday loans in Illinois for...

How to Calculate the Monthly Payment on a $15,000 Loan

How to Calculate the Monthly Payment on a $15,000 Loan

When you apply for a personal loan, two key factors that will affect your loan repayment are the term of the loan and the ...

Where Can You Borrow Money From?

Where Can You Borrow Money From?

When you need to borrow money, there are a variety of places you can turn to. Banks and credit unions are the most...

The History of Payday Lending: From the 1980s to Today

The History of Payday Lending: From the 1980s to Today

Payday loans are a popular short-term solution for those who need cash quickly. In-store payday loan businesses began...

Are Payday Loans Really That Expensive?

Are Payday Loans Really That Expensive?

Payday loans are a type of loan that can be a financial lifesaver in an emergency, but they can also be a financial...

Do Banks Need to Send Loan Statements?

Do Banks Need to Send Loan Statements?

Most banks or credit unions will send a statement every month, but they are only required to do so if you have made at...

Can I Be Sued for a Payday Loan in California?

Can I Be Sued for a Payday Loan in California?

In the case of quick loans, the statute of limitations is the period during which a lender can sue a borrower in default. ...

What's the Smallest Loan a Bank Will Give You?

What's the Smallest Loan a Bank Will Give You?

When you're looking for the best small personal loan, you want to make sure you get one with an affordable rate, a low...

Why Can't I Get Approved for a Payday Loan?

Why Can't I Get Approved for a Payday Loan?

The Most people who apply for a payday loan are denied due to their credit score, income, and previous lending history. A ...

Can You Go to Jail for Not Paying an Online Loan?

Can You Go to Jail for Not Paying an Online Loan?

While you can't technically be arrested for not paying a debt, unless it's a court fee or fine, child support, or tax...

How to Get a Payday Loan in California

How to Get a Payday Loan in California

If you live in California and need cash for short-term financial needs, applying for a quick loan is one of the options...

Why is a Payday Loan Unsecured?

Why is a Payday Loan Unsecured?

Unsecured loans are loans that don't require collateral, such as a car or home, for approval. Instead, a lender considers ...

Do Lenders Verify Bank Statements? A Comprehensive Guide

Do Lenders Verify Bank Statements? A Comprehensive Guide

When applying for a mortgage, lenders need to verify your financial situation to ensure that you can pay your down...

Why Do Loans Require Bank Statements?

Why Do Loans Require Bank Statements?

Mortgage lenders need bank statements to ensure that you can pay your down payment and closing costs, as well as the...

Where Can I Get a Personal Loan in California?

Where Can I Get a Personal Loan in California?

If you're looking for a personal loan in California, you have several options available to you. From credit-building...

Where is the Easiest Place to Get a Loan?

Where is the Easiest Place to Get a Loan?

Are you looking for an easy way to get a loan? Credit unions are a great option for borrowers with fair or bad credit, as ...

What is the Maximum Payday Loan Amount in California?

What is the Maximum Payday Loan Amount in California?

When you're in need of quick cash, payday loans can be a great option. But with high interest rates and fees, it's...

Can You Get a Loan Without a Bank Statement?

Can You Get a Loan Without a Bank Statement?

In fact, loans without bank statements have a higher level of risk and have higher interest rates. However, it's not...

What Credit Score Do Banks Use to Approve Loans?

What Credit Score Do Banks Use to Approve Loans?

When it comes to most general lending decisions, such as personal loans and credit cards, lenders rely on your FICO...

Can Underwriters See Payday Loans? - How to Get a Mortgage After Using Quick Loans

Can Underwriters See Payday Loans? - How to Get a Mortgage After Using Quick Loans

TransUnion recently launched the Fraud Prevention Exchange to help combat loan accumulation. When insurers review your...

Do Lower Credit Scores Increase the Likelihood of Payday Loans?

Do Lower Credit Scores Increase the Likelihood of Payday Loans?

Most people who apply for a quick loan have little or no credit. As a result, payday lenders charge an incredibly high...

Where Can I Borrow Money in California?

Where Can I Borrow Money in California?

Are you looking for a loan in California? You have come to the right place. There are many options available for...

What Does a Veritec Eligibility Denial Mean?

What Does a Veritec Eligibility Denial Mean?

When you apply for a quick loan online, there are certain criteria that must be met in order to be approved. Most lenders ...

What States Have Banned Payday Loans?

What States Have Banned Payday Loans?

Payday lenders don't operate in certain jurisdictions, including Arizona, Arkansas, Connecticut, Georgia, Illinois,...

Can You Go to Jail for Not Paying a Payday Loan in Canada?

Can You Go to Jail for Not Paying a Payday Loan in Canada?

The short answer is no: you won't go to jail for not paying your debts in Canada. It depends on where you live, but in...

Can Payday Loans Send You to Collections?

Can Payday Loans Send You to Collections?

Payday loans have exorbitant interest rates and fees that often make it very difficult to repay them. If you can't pay...

Can Cash Advance Lead to Court Action?

Can Cash Advance Lead to Court Action?

When payday lenders take legal action against you, they are betting on the fact that you won't respond to the court...

Verifying Bank Statements for Loan Approval: What Insurers Look For

Verifying Bank Statements for Loan Approval: What Insurers Look For

When applying for a loan, lenders need to verify your financial information to ensure that you are eligible for the loan. ...

Are Payday Loans Allowed in New York?

Are Payday Loans Allowed in New York?

Payday loans are illegal in New York State. It is a violation of the law to grant payday loans in person, over the phone, ...

Are Installment Loans Illegal in California?

Are Installment Loans Illegal in California?

Many lenders that offer payday loans and installment loans to California residents are illegal. If you have received one...

How to Beat Payday Loans and Get Out of Debt

How to Beat Payday Loans and Get Out of Debt

When you need money fast, a payday loan may seem like the perfect solution. But if you can't pay it back before it's due, ...

Is Payday Lending Legal in New York?

Is Payday Lending Legal in New York?

Payday loans are illegal in New York State. It is a violation of New York State law to grant payday loans in person, over ...

Are Payday Loans Legal in the USA?

Are Payday Loans Legal in the USA?

Payday loans are legal in 27 states, and 9 other states allow some type of short-term lending with restrictions. The...

Which Payday Loan is the Best Option for You?

Which Payday Loan is the Best Option for You?

When you need money fast, payday loans can be a great option. But with so many lenders offering different interest rates, ...

Do Payday Loans Affect Your Credit Score?

Do Payday Loans Affect Your Credit Score?

Most store payday lenders don't consider credit reports or traditional credit scores when determining eligibility for a...

How Many Payday Loans Can You Take Out in Illinois?

How Many Payday Loans Can You Take Out in Illinois?

When it comes to taking out payday loans in Illinois, there are certain restrictions and regulations that borrowers must...

What Happens if You Don't Pay a Payday Loan in California?

What Happens if You Don't Pay a Payday Loan in California?

Defaulting on a payday loan can have serious consequences, such as bank overdraft charges, collection calls, damage to...

Can You Go to Jail for Not Paying Payday Loans in Texas?

Can You Go to Jail for Not Paying Payday Loans in Texas?

No, you can't be arrested for not paying a payday loan. However, if you are sued or a court ruling is handed down against ...

What are the Easiest Payday Loans to Get?

What are the Easiest Payday Loans to Get?

The quickest and most convenient way to get a payday loan is to apply for one online. However, it is important to keep in ...

Are Payday Loans Illegal in Texas? A Comprehensive Guide

Are Payday Loans Illegal in Texas? A Comprehensive Guide

You may have a debt, but you still have rights. And debt collectors have to obey the law.

Are Payday Loans Legal in California?

Are Payday Loans Legal in California?

California is one of the few states that still allows for a regulated form of payday lending. The state has a rate limit...

What is the Maximum Loan Amount You Can Borrow?

What is the Maximum Loan Amount You Can Borrow?

The maximum loan amount is the highest sum of money that a financial institution or bank will authorize an applicant to...

Do You Need Good Credit for a Payday Loan?

Do You Need Good Credit for a Payday Loan?

Payday loans are accessible to consumers with bad credit and generally don't require a credit check. According to the Pew ...

Can Payday Loans Sue You? - What You Need to Know

Can Payday Loans Sue You? - What You Need to Know

If you don't pay your payday loan, the payday lender or a debt collector can usually sue you to collect the money you...

What States Allow Payday Loans and What Are the Regulations?

What States Allow Payday Loans and What Are the Regulations?

Thirty-seven states in the US have authorized payday loans through specific laws, such as Alabama, Colorado, California,...