Can you afford to pay a payday loan back?

Answer On One Hand: Payday Loans are ExpensivePayday loans are short-term solutions to immediate financial crises. They are relatively easy to obtain; most require a few references, proof of income and a ... Read More »

Top Q&A For: Can you afford to pay a payday loan back

What happens if you refuse to pay back a payday loan?

When you choose to borrow money from a payday lender, you make a promise that you are going to pay back the money you owe plus any applicable interest and fees.Debt Goes to CollectionsAfter the len... Read More »

Is a payday loan a personal loan?

A payday loan, also referred to as a paycheck advance, is a personal loan. It is a short-term loan designed to help the borrower cover expenses in an urgent situation, until his next paycheck. Howe... Read More »

How to Pay Off a Payday Loan?

A payday loan is a short-term solution to any financial emergency such as paying bills like utilities and mortgage payments. The payday loan has high interest rates and a due date for repayment. Of... Read More »

How to Get a Payday Loan?

A payday loan has many names. It can be called a cash advance loan, a check advance loan, a post-dated check loan or a deferred-deposit check loan. The Federal Trade Commission in the U.S. calls it... Read More »