People’s Tax Page | Street Finance Ep. 2: Payday Loans and the Cycle of Debt




Payday Loans – Money to Last

Payday loan is an unsecured loan given with a short period of maturity and high interest rate. Such loan is somewhat the same with credit card cash advance, only a borrower usually provides lenders with post dated checks or a debit authorization on their paycheck as payment for the amount of loan plus interest.

Payday Loans – Getting a Money Break

Life is full of surprises. Sometimes, these surprises can come in the form of expenses. Maybe you need some quick cash to pay for the hospital bills or college tuition fees. When you need to get money the quickest and easiest way possible, a payday loan is the answer to your urgent financial needs.

Payday Loans – The Possibilities

Payday loan goes with other names including deferred-deposit check loan, quick cash loan, check advance loan, post-dated check loan, etc.

Payday Loans – Instant Cash at a Price

Running low in cash before payday or having to pay for an unforeseen bill can happen to many households particularly to those who live from paycheck to paycheck. And the way to bridge gaps between paychecks or meet unexpected expenses is through payday loans. However, many people do not realize the dangers of applying for payday cash loan or any type of unsecured cash advance loan. It is an instant source of money – but is comes with a price.

Payday Loans – How to Get the Best of Them

Things have been said against payday loans and the companies offering them. But the fact still remains that payday loans bridge the gaps between paychecks to people who have fallen short of cash or who need to pay unexpected bills. The services of payday loans help people who run out of cash to continue to sustain daily expenses or pay necessary bills before the next paycheck arrives.

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