Payday Loans vs Personal Loans
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Payday Loans vs Personal Loans. You need a loan, and now you have options. Payday loans and personal loans may sound alike, but they’re hardly the same thing. For starters, a payday loan operates on a much shorter time frame — it is typically due on your next payday, according to the Consumer Financial Protection Bureau — […]
The truth about Payday Loans
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If you’re asking the question, “What is a payday loan,” your not alone. According to the Consumer Financial Protection Bureau, payday loans are short-term, high-cost loans for small amounts. Payday loans certainly aren’t the bargains of the personal finance world, but many people consider these loans an easy fix for short-term cash flow issues. In […]