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Small dollar loans are short-term, low-cost installment loans of under $2,500 geared toward borrowers with little to no credit. They’re highly regulated on federal and state levels so the ...
If you have bad credit and need to borrow money, don’t get a no-credit-check loan. ... Payday alternative loans (PALs) are small, short-term loans offered by some federal credit unions. Loan ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. 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 ...
Payday loans don’t typically require a credit check, but they will require proof of income and a bank account. Lenders are available online or in person, depending on where you live.
Key takeaways. Most lenders use credit checks to determine whether you can repay a loan. It's possible to find no-credit-check business loans, though it depends on the lender and loan type
Telhio was founded as the credit union for the Columbus Telephone Co. employees, but broadened its membership in 1999. In October 2016, Telhio acquired Hamilton, Ohio based Chaco Credit Union, securing its position as the 5th largest Credit Union in the state of Ohio, ranking the 37th largest financial institution in the state.
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