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2. 6 types of emergency loans and their uses - AOL

   www.aol.com/finance/8-types-emergency-loans...

   These loans are short-term options that have repayment periods of 15 to 30 days. Most are single-payment loans, which means you pay the entire back, plus fees, on the due date. Some title lenders ...

3. 8 types of personal loans and their uses — plus 5 to avoid

   www.aol.com/finance/types-personal-loans-uses...

   Individuals seeking an inexpensive, short-term loan. Personal line of credit A personal line of credit gives you access to a pool of funds that you can borrow from when you need to — similar to ...

4. Emergency and payday loan alternatives - AOL

   www.aol.com/finance/emergency-payday-loan...

   On top of this, credit card issuers typically charge an extra fee between 3 percent and 5 percent on cash advances. So, if you take a cash advance of $700 from your credit card, you’ll likely ...

5. Payday loan - Wikipedia

   en.wikipedia.org/wiki/Payday_loan

   This is an accepted version of this page This is the latest accepted revision, reviewed on 24 December 2024. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...

6. Line of credit - Wikipedia

   en.wikipedia.org/wiki/Line_of_credit

   A cash credit is a short-term cash loan to a customer. A bank provides this type of funding only after the required security is given to secure the loan. In cash credit, the bank advances a cash loan up to a specified limit to the customer against a bond or other security.

7. Payday loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Payday_loans_in_the_United...

   Additionally, 14,000 jobs were lost. By 2013, twelve million people were taking out a payday loan each year. On average, each borrower is supplied with $375 in emergency cash from each payday loan and the borrower pays $520 per year in interest. Each borrower takes out an average of eight of these loans in a year.