A loan that is payday a short-term, high-cost loan that needs to be repaid on or before your following payday, whether your revenue is from work or federal government advantages

A loan that is payday a short-term, high-cost loan that needs to be repaid on or before your following payday, whether your revenue is from work or federal government advantages

What exactly is a Payday Loan?

Authored By: Northwest Justice Venture

. Payday advances were created by storefront lenders, always check cashers, pawn stores, credit unions, and Internet-based providers. Publication #0600EN

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What exactly is a payday loan?

It really is a short-term, high-cost loan. You need to spend it straight back on or before the next payday. Your earnings may be from government or employment advantages. Continue reading “A loan that is payday a short-term, high-cost loan that needs to be repaid on or before your following payday, whether your revenue is from work or federal government advantages”