Key Differences between a Cash Advance and Payday Loan

Key Differences between a Cash Advance and Payday Loan

Payday loans and app-based cash advance services allow you to borrow against your next paycheck to meet your financial needs today. But because of their high borrowing costs, these services could do more harm than good.

If you’re in need of emergency cash, you may be wondering what the difference is between a cash advance and a payday loan. Both types of loans can provide you with the funds you need quickly, but there are some key differences to be aware of.

What Is a Payday Loan?

A payday loan is a type of unsecured loan that is typically offered by a payday […] Read more

Short-Term Loans and Alternative Quick Financial Sources

Short-Term Loans and Alternative Quick Financial Sources

If you find yourself in a situation where you need money but don’t have enough, you can get a loan from a lender. This can be helpful if you need to pay fees for a university or take a trip you’ve wanted to go on. A short-term loan is a type of loan that is typically given out in a smaller amount than what a traditional bank loan would be. This loan benefits people who need a small amount of cash immediately.

What Is a Short-Term Loan Used for?

A short-term loan is most often used for emergencies,  such as paying medical […] Read more