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  2. What are instant loans? Everything you need to know - AOL

    www.aol.com/finance/instant-loans-everything...

    Payday loans. Also called a cash advance, a payday loan doesn’t require collateral and may offer you cash on the same day you apply. You’re required to repay the loan — plus high interest ...

  3. Emergency and payday loan alternatives - AOL

    www.aol.com/finance/emergency-payday-loan...

    Some lenders work with individuals with bad credit, although the rates are often higher (up to 35.99 percent), but still not as high as payday loan rates. Lightbulb Bankrate insider tips

  4. Emergency and payday loan alternatives that could save ... - AOL

    www.aol.com/finance/emergency-payday-loan...

    A payday loan is an emergency loan that gets its name from its repayment structure. With most payday loans, you’ll get the money upfront and write the lender a postdated check.

  5. Payday loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Payday_loans_in_the_United...

    The statewide database does not allow a loan to be issued to a consumer by a licensed payday lender if the loan would result in a violation of state statute. A borrower's cumulative payday loans cannot exceed 25 percent of the individual's gross monthly income. [28] In 2017, the New Mexico Legislature banned payday loans. [29]

  6. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. 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 ...

  7. Alternative financial service - Wikipedia

    en.wikipedia.org/wiki/Alternative_financial_service

    Alternative financial services in the United States, [1] [2] for example via payday loans, are more extensive than in some other countries, because the major banks in the U.S. are less willing to lend to people with marginal credit ratings than their counter parties in many other countries.

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