The advantages of getting a payday loan are it is easy, fast and a confidential way to cover short - term cash needs between paydays at the same time as avoiding the possible more expensive costs and bad credit consequences of other products. (lizloans.com)
Like any loan, auto title loans will show up on your credit report, so defaulting can have long - term credit consequences. (supermoney.com)
For instance, if you transfer multiple balances (or even a single balance) to one card and utilize a large portion of that card's available credit, you may see negative credit consequences due to an increased credit utilization rate. (cardrates.com)