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Yahoo answersHow much can a payday loan that reports to the 3 bureaus help my credit score?

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    It's surprising that a payday loan would even report to a credit bureau! It probably wouldn't help your score much since payday loans are short term. There wouldn't be much history to report....

Breaking News

  • Cancer-Stricken Veteran Feels Duped by Title Loan with 276% Interest Rate

    It's all because of a payday type loan with an annual interest rate the finance company says is in the triple digits. James Miller says he “I didn't really sit down and focus on what needed to be done because I was looking at my family first

  • £100 LOAN THAT LEFT ME £6 000 IN DEBT

    "There has been a huge explosion in the use of payday loans," said Mr Meakin, money advice coordinator at the CAB. "They are very much aimed at the smart-phone generation. "My advice to people thinking of taking one out would be: don't. "Some people

  • Loans until finally Payday - Quick Cash for Salaried Folks

    People who use one month payday loans get themselves having problems when they understand carry over these loans. Which is, that rather than pay over bank loan in whole when due they attempt to just pay the interest and increase, or rollover, the loan

  • Adds Over a Dozen New Lenders That Offer Immediate ...

    "Part of my job at the company is locating lenders that offer payday loans. There are plenty of lenders that offer this service to consumers, but they are not all the same. In order for a lender to be added to our network they must meet strict

  • Payday lending legislation bad for consumers

    My hope is that our state senators will stand up for our communities and keep Pennsylvania free of abusive payday loans. Get involved. Call your senator. Learn more at As we work to recover from an economic crisis, the

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News Summary: Rates on US mortgages at record lows
RATES AT RECORD LOWS: Average U.S. rates on fixed mortgages fell again to record lows this week. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.

Rate on 30-year mortgage hits record low 3.40 pct.

In this Friday, Sept. 21, 2012, photo,a home is for sale in Oklahoma City. Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates. Mortgage buyer Freddie Mac said Thursday, Sept. 27, 2012, the rate on the 30-year loan dropped to 3.40 percent. That's down from last week's rate of 3.49 percent, which was the lowest since long-term mortgages began in the 1950s. (AP Photo/Sue Ogrocki)Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.

Already signs Fed action is working: Boston Fed's Rosengren
QUINCY, Massachusetts (Reuters) - The Federal Reserve's decision last week to buy large quantities of mortgage-backed securities is already having a positive effect on wholesale mortgage rates, the president of the Federal Reserve Bank of Boston said on Thursday. Eric Rosengren, in a speech to a chamber of commerce in the Boston suburb of Quincy, also said the U.S. economy was clearly in better shape than some developed peers internationally, but still not strong enough to bring the unemployment rate down more quickly. (Reporting By Ben Berkowitz; Editing by Chizu Nomiyama)

Ahead of the Bell: Weekly mortgage rates
Loan buyer Freddie Mac reports Thursday on whether mortgage rates are continuing to hold near recent low rates.

U.S. mortgage refinancing applications rise as rates hit record low: MBA

A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of WashingtonNEW YORK (Reuters) - Applications for home mortgages dipped last week, though demand for refinancings rose as mortgage rates fell to a record low, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, edged down 0.2 percent in the week ended Sept 14. The seasonally adjusted index of refinancing applications gained 0.80 percent. The gauge of loan requests for home purchases, a leading indicator of home sales, tumbled 3.8 percent. ...

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