enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. 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 ...

3. Payday loans in the United States - Wikipedia

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

   While designed to provide consumers with emergency liquidity, payday loans divert money away from consumer spending and towards paying interest rates. Some major banks offer payday loans with interest rates of 225 to 300 percent, while storefront and online payday lenders charge rates of 200 to 500 percent.

4. Payday loans wiped out in Arkansas -- is this a trend? - AOL

   www.aol.com/2009/08/13/payday-loans-are-wiped...

   Three years ago more than 250 payday lenders were doing business in Arkansas. As of this week, all are out of business.Arkansas represented a unique opportunity for opponents of payday lending.

5. Constitution of Arkansas - Wikipedia

   en.wikipedia.org/wiki/Constitution_of_Arkansas

   The Arkansas legislature tried to permit payday loans anyway, but after two adverse decisions in 2008, the Attorney General ordered all payday lenders in the state to shut down. [ 29 ] After out-of-state banks took over most lending in Arkansas, banks located in the state received special relief from the usury law through Section 731 of the ...

6. Emergency and payday loan alternatives - AOL

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

   For example, the average personal loan rate, as of February 2023, comes out to 12.10 percent, while the average payday loan reaches three-digit interest rates. Plus, you’ll be hit with even more ...

7. Critical factors to consider when taking out payday loans ...

   www.aol.com/finance/critical-factors-consider...

   Personal loans tend to have a minimum repayment term of 12 months, so you’d technically pay more in interest over the life of a loan compared to a payday loan ($205.55 vs. $153.42).