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  2. Payday loans in the United States - Wikipedia

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

    A 2012 study by Pew Charitable research found that the majority of payday loans were taken out to bridge the gap of everyday expenses rather than for unexpected emergencies. The study found that 69% of payday loans are borrowed for recurring expenses, 16% were attributed to unexpected emergencies, 8% for special purchases, and 2% for other ...

  3. 6 types of emergency loans and their uses - AOL

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

    3. Payday loans. A payday loan is a type of instant loan that lets you borrow $500 or less, usually without a credit check. Payday loans typically have to be repaid within two weeks or by your ...

  4. 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 15 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 ...

  5. How to get an emergency loan in 5 simple steps - AOL

    www.aol.com/finance/emergency-loan-cover-sudden...

    Loan type. Time to funding. Personal loan, payday loan, title loan. 1-7 business days. Credit card cash advance. Instant. Home equity loan, HELOC. Up to 45 days

  6. No-credit-check loans: What are they and how do they work? - AOL

    www.aol.com/finance/no-credit-check-loans...

    With payday loans, the lender may only charge a flat fee per $100 borrowed. This can result in a high equivalent APR, even if there is no interest. Read online reviews.

  7. LendUp - Wikipedia

    en.wikipedia.org/wiki/LendUp

    In 2016, LendUp raised $150 million to develop a credit card product in January, [9] then paid $6.3 million in fines for deceptive practices [10] and widespread violations of payday and installment loan laws in September. [11] [12] [13] In 2020, it was again sued by the Consumer Financial Protection Bureau for violating the Military Lending Act.

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