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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 small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday."
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 December 2024. 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 ...
Short-term loans might be tempting for a quick bit of cash. Approach with caution. ... An unsecured revolving account with a variable interest rate, a personal line of credit is a loan you can ...
Term loans can be either short or long term, depending on what you qualify for. Short-term loans tend to offer repayments of 24 months or less. The repayment schedule for term loans is typically ...
Personal loans come in many forms, including secured and unsecured loans, debt consolidation loans and personal lines of credit. ... Individuals seeking an inexpensive, short-term loan.
You can get many types of unsecured business loans, including term loans, business lines of credit and an SBA loan of $50,000 or less. ... or longer term, lasting five to 10 years. Short-term ...
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