December 4th, 2020

What is a Payday Loan?

A payday loan is a way to borrow money quickly until your next payday. These short-term loans can help cover the costs of unexpected emergencies when you need money immediately, then are paid back when you receive your next paycheck.

December 7th, 2020

What is a Payday Loan?

A payday loan is a way to borrow money quickly until your next payday. These short-term loans can help cover the costs of unexpected emergencies when you need money immediately, then are paid back when you receive your next paycheck.

Is a Payday Loan Right for You?

Before you apply for a loan, it is always important to understand the fine print. Payday loans are short-term personal loans that can help people who are struggling with a financial emergency receive some relief in between paychecks. These types of loans can provide smaller sums of money that are typically due by the next time you receive a paycheck. As with any kind of loan, they will charge annual percentage rates (APRs) and these vary from state to state.

Depending on the state regulations and how much your income is, payday loan companies will work with you in finding the right amount of money. The purpose of payday loans is to help people get out of a financial bind, not to dig a deeper hole. Many companies will work with you on the appropriate amount of money that you can pay back, as well as offering a repayment schedule to ensure you will pay back the loan in a timely manner. While payday loans are not for the faint of heart, they can potentially be helpful for people in unforeseen financial emergencies.

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Payday Loans vs Early Payday Apps

Payday Loans vs Early Payday Apps

If you’re in a position where you’re facing an unexpected financial emergency, you may be wondering which is better: a payday loan through a payday lender or an app-based cash advance service. This article will provide information on the pros and cons of each to help...

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How to Apply for a Payday Loan Online

How to Apply for a Payday Loan Online

Applying for a payday loan is typically much easier than applying for a traditional bank loan. A borrower doesn’t need to have great credit, and usually the only requirements are an ID, current employment, and a bank account in good standing. The application process...

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How to Responsibly Use Payday Loans

How to Responsibly Use Payday Loans

When you need cash fast because of an unexpected expense, payday loans are something to consider. Because the application process is quicker and simpler than a traditional loan, oftentimes this is the best option when you need money immediately. If you’re considering...

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Need More Answers?

Payday Loan Truth knows the ins and outs of the personal loan industry, and can help you make a decision on whether or not payday loans are the right choice for your situation. Learn everything you need to know about payday loans through our blog!