Friday’s need-to-know money news

payday-loansToday’s top story: The dangerous trap of online payday loans. Also in the news: How to erase your credit card late fees, the best way to ask for a raise, and how to survive financially when needing time off from work.

Consumers Warned About Pitfalls of Online Payday Loans
An immediate solution can cause long term problems.

Your Personal Finance Weapon Is Within Reach: Erase Credit Card Late Fees
Banks are showing more willingness to forgive.

The best way to ask for a raise
Practice, practice, practice.

3 Ways to Take Time Off Work Without Destroying Your Finances
How to minimize the financial damage.

J.P. Morgan says about 76 million households affected by cyber breach
Another day, another massive security breach.