A payday loan is a high-cost, short-term loan meant to be repaid with your next paycheck. Learn what makes payday loans risky and compare cheaper options.

What to consider before consolidating payday loans Consolidating payday loans can be a helpful way to get out of the debt spiral, but there are some things to think about before you commit, including: ...

How does payday loan consolidation work. Payday loan consolidation essentially means taking another loan — a personal loan, in most cases — and using those funds to pay off any remaining ...

How to escape the payday loan debt cycle, according to experts Christopher L. Stroup, a certified financial planner and founder of Silicon Beach Financial, recommends starting with negotiation.

Learn more about payday loans, including how they work, the pros and cons, potential alternatives, and how to make informed decisions about short-term borrowing.