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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." [1][2][3] The loans are also sometimes referred to as " cash advances," though that term can also refer ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 21 May 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 rates ...
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.
United States, United Kingdom. Key people. W. Allan Jones. (Chairman/CEO) Steve Scoggins. (President/COO) Website. www.checkintocash.com. Check Into Cash is a financial services retailer with more than 1,100 stores in 30 states. [1][2] The company was founded in 1993 by W. Allan Jones in Cleveland, Tennessee, where the headquarters are located ...
The average payday loan has an interest rate of about 400 percent. Interest rates on personal loans are usually capped at 36 percent. Personal loans tend to have a minimum repayment term of 12 ...
Payday loans are an easy way to get cash, but they have sky-high interest rates. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
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