Payday Loans: The High Cost of Quick Cash

payday loans

Payday loans, also known as cash advance loans, are a type of short-term, high-interest loan designed to provide fast cash until the borrower’s next paycheck. These loans are targeted towards lower income individuals who may not have access to more traditional lines of credit. Payday loans allow a borrower to receive a small cash loan, … Read more

Are Payday Loans the Answer? The Pros and Cons of eloanwarehouse

payday loans

Payday loans are short-term, high-interest loans that borrowers promise to repay out of their next paycheck. Also known as cash advances or check loans, payday loans allow people to borrow a small amount of money quickly. To get a payday loan, the borrower writes a postdated check for the loan amount plus a fee, generally … Read more