Home / Payday Loans

Payday Loans

How Do Payday Loans Work?

Financing Available thumbs Up!

Say your car broke down and you decide to borrow $300 for the repairs from a payday lender. You’ll write a post-dated personal check for $340 (the amount, plus a $40 finance fee), made payable to the lender. You enter this information online when applying for a payday loan on …

Read More »

3 Times Payday Loans Make Sense

Pay Day Loans

Although payday loans are a type of credit that most borrowers should avoid, there are some cases in which this type of loan is actually less costly than other alternatives. Below are a few circumstances in which taking out a payday loan is the better choice. 1. A Payday Loan …

Read More »

8 Key Terms to Consider When Reviewing a Loan Agreement

Shaking Hands

A Loan Agreement (also known as a Facility Agreement) can be a complex document. In order to help you review and understand such a document, we’ve put together a checklist of the most important points to consider. The list is by no means exclusive, but is a good starting point for any …

Read More »

What you should look for to find a safe loan

There are many loans on offer. Here’s how to find a safe option no matter what kind of financing you’re looking for: Payday loans. A payday loan is usually paid back in one lump-sum, typically when you receive your next paycheck. Contact your state’s Better Business Bureau (BBB) to find …

Read More »


Businesses enter into loan agreements on a regular basis, but it’s crucial that that you review any loan agreement you sign off on. You may not be able to negotiate the terms if a bank is lending you the capital and you’re running a small or medium business, but you can certainly look around …

Read More »

Why was My Home Loan Application Declined?

All of us would have a doubt in mind of the approval probability when applying for a home loan. At times even if you have good income, there are chances of getting home loan rejected. The reason for this is banks judge you based on the ability to repay loan. …

Read More »

Things You Need To Know About Payday Loans

Fast, simple, and with liberal approval terms; what possible downsides could a payday loan have? These popular loan alternatives— which have spurred an entire sub-industry in the financial business — have earned a mixed reputation among many consumer advocates, however. Payday borrowers with little security and a hazy grasp on …

Read More »

Three Common Myths about Payday Loans

A payday loan can be a powerful financial tool when used correctly. However, in the wrong hands or the hands of a borrower will little knowledge; they can be a powerful tool that leads to financial ruin. Understanding the ins and outs of payday advance loans, as well as what …

Read More »

Personal Loans vs. Payday Loans: Which is the Best Option?

Sometimes, you just can’t help it — you need to borrow money, and you need it fast. Traditional loans through a bank take time and paperwork, and many have hoops to jump through that those with less-than-stellar credit might not be able to make. Fortunately, other options exist in the …

Read More »