Tag Archives: Loan

Pink Slip Loans Worse Than Payday Loans

A shop window advertising payday loans.

A shop window advertising payday loans. (Photo credit: Wikipedia)

Pink Slip Loans Worse Than Payday Loans

Pink slip loans are a financial last resort in the same vein as payday loans. They work in much the same fashion, offering a borrower a sum of money over a very short span of time at a high interest rate. Unlike payday loans, many pink slip loans do not require a fee. However, this is because they effectively lien the car against the loan. If the loan is not repaid, the car is taken.

This changes the dynamics of the loan significantly. In … Read the rest

Factors To Consider When Looking For Phoenix Bankruptcy Lawyers

English: Virginia bankruptcy attorney Robert W...

English: Virginia bankruptcy attorney Robert Weed discusses bankruptcy and foreclosures. (Photo credit: Wikipedia)

Phoenix Bankruptcy Lawyers

When you are no longer able to continue servicing your debts, and the only option seems to be bankruptcy, you need to find Phoenix bankruptcy lawyers who can help you file the necessary paperwork. Depending on your individual financial condition, you can apply for either the chapter 7 or 13 bankruptcy. If you are not sure about which chapter is best suited for your unique circumstance, be sure to ask a bankruptcy attorney for advice.

How Bankruptcy Can Help You

When the court declares … Read the rest