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  2. Check Into Cash - Wikipedia

    en.wikipedia.org/wiki/Check_Into_Cash

    Check Into Cash store. Jones founded Check Into Cash in 1993. He has been referred to as "the father of the payday lending industry" for creating the first national payday lending chain. [2] [4] In 1973, at age 20, he left college, where he had been pursuing a business degree, to help stabilize the family’s business, the Credit Bureau of ...

  3. Allan Jones (businessman) - Wikipedia

    en.wikipedia.org/wiki/Allan_Jones_(businessman)

    The legality of Jones' payday loan model was challenged shortly after Check into Cash was founded. [51] Initially Jones and other payday lenders claimed that the fee charged did not constitute interest, and therefore did not violate laws capping a maximum interest on loans, which runs contrary to multiple federal laws. [12]

  4. Should I get a personal loan? Here are the pros and cons - AOL

    www.aol.com/finance/pros-cons-personal-loans...

    A personal loan can be a good alternative if you want to finance a major purchase but don’t want to be locked into how you use the money. Before applying, check with your lender on the approved ...

  5. 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 ...

  6. Payday loans in the United States - Wikipedia

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

    Check Into Cash store. As early as the 1930s check cashers cashed post-dated checks for a daily fee until the check was negotiated at a later date. In the early 1990s, check cashers began offering payday loans in states that were unregulated or had loose regulations. Many payday lenders of this time listed themselves in yellow pages as "Check ...

  7. 8 types of personal loans and their uses — plus 5 to avoid

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

    Pawnshop loans: If your local pawnshop offers loans, you can exchange your asset for cash. You’ll likely pay a huge amount of interest, and the pawnshop will keep your property if you default.

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