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A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates. These loans are typically designed to cover immediate financial needs and are intended to be repaid on the borrower's next payday.
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." [ 1][ 2][ 3] The loans are also sometimes referred to as " cash advances ," though that term can also ...
7. Get a cash advance from your credit card. Alternatively, if you already have a credit card and need to borrow hard cash, you can check if your issuer allows cash advances. These advances differ ...
Very short repayment period. 4. Title loans. A title loan is another type of emergency loan that gets you fast access to cash secured by equity in your car. Also called a “pink slip loan ...
Money Mart. Money Mart Financial Services, formerly Dollar Financial Group, is a financial services company with over 600 locations in Canada and the U.S. The company offers a range of financial services, including installment loan, cash advance/ payday loan, check cashing, prepaid card, and money transfer services.
These unsecured loans aim to provide credit union members a lower-cost alternative to predatory payday and emergency loans. There are two types of PAL loans: PAL I and PAL II. Both have the same ...
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