Can you default on a payday loan?

Answer Those who need a temporary cash infusion often consider a payday loan, at the expense of incredibly large interest rates. Payday loans are fairly easy to get, since most companies do not perform a ... Read More »

Top Q&A For: Can you default on a payday loan

Can you make payments on a payday loan that is in default?

On One Hand: Lenders Just Want to get Paid.Pay day loan lenders are known for making high risk loans. This means they have lower credit standards than traditional lenders, and they are more likely ... Read More »

What will happen if i default on internet payday loans?

On One Hand: Payday Loan DefaultsA payday loan is a short term loan issued to provide financial assistance until the borrower's next paycheck arrives. Payday lending is legal in 37 states and can b... 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 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 »