Payday Loans

What Are Payday Loans + 11 Most Popular Payday Lenders

Payday loans seem like a fast, easy solution to sudden or unexpected financial emergencies. That’s why 12 million Americans take out at least one payday loan every year to help cover their bills between paychecks. On the surface, these loans seem like a great way of getting through financial hardship. But with astronomical interest rates …

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Payday Loan Qualifications

Payday Loan Qualifications: What You Need to Get a Payday Loan

Payday loans are short-term emergency loans people take to cover urgent cash needs until their next paycheck. In 2020, a typical payday loan averaged $375. For a relatively small amount borrowers need to repay from their next paycheck, payday lenders may charge interest of up to $75.  In desperate situations, a payday loan might seem …

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