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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 ...
1. Research your options. Not all financial institutions participate in the Small Dollar Program. However, small dollar loans have become more widely available due to their increase in popularity ...
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 ...
An installment loan is a debt that gives you funds all at once that are paid off in monthly amounts, called installments, over a set time period. Installment loan payments usually include interest ...
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