Be the first to know. No one covers what is happening in our community better than we do. And with a digital subscription, you'll never miss a local story. The lawsuit accuses the men of conducting a deceptive and unfair online payday lending scheme, which is replete with unlawful practices. Another lawsuit, brought by the federal Consumer Financial Protection Bureau, aims to shut down the Kansas City-based operations of the Hydra group. It is controlled by Richard F.

Moseley; his son, Richard F.

Should i open a personal loan to increase my credit

Personal loans differ from other types of loans, such as home mortgages or automobile loans. Specifically, personal loans allow you to spend your money in a number of different ways, whether it's to help pay off medical expenses, make home improvements, repairs to your vehicle or consolidate your debts. A personal loan is paid back to the lender over a set period of time.

Fill out the form and see just how much money you can borrow from the comfort of your own home. It's as easy as that. WHAT IS A PERSONAL LOAN FOR.

Should i open a personal loan to increase my credit

Customers with credit difficulties should seek credit counseling or meet with a nonprofit financial counseling service in their community.

You are encouraged to consult your states consumer information pages to learn more about the risks involved with cash advances. State laws and regulations may be applicable to your payday loan. If you do not pay your loan according to its terms, your lender may: charge you late fees, send your account to a collection agency, report your information to a consumer reporting agency which may negatively affect your credit score, offer to renew, extend or refinance your loan, which may cause you to incur additional fees, charges and interest.

We are not a lender. Only your lender can provide you with information about your specific loan terms and APR and the implications for non-payment of your loan. Ask your lender for their current rates and charges and their policies for non-payment. Copyright 2018 CashOne. All Rights Reserved.

Should i open a personal loan to increase my credit