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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,” this ...
Payday loans are small loans — usually $500 or less — that are approved based on how much and how often you’re paid. They’re called “payday” loans because the entire loan balance is ...
A revolving credit line that can be used up to a certain limit and typically reused as you pay off your debt. SBA 7(a) loan. ... Online lenders feature quick and easy application and funding ...
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. The term "payday" in payday loan refers to when a borrower writes a postdated check to the lender for the payday salary, but receives part of ...
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 ...
Cash shortfalls. Unplanned expenses. Equipment financing. Loans used for the purchase of business equipment and machinery. Equipment purchases. SBA Express loans. Government-backed loans offering ...
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