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  2. Payday loans in the United States - Wikipedia

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

    A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." [1][2][3] The loans are also sometimes referred to as " cash advances," though that term can also refer ...

  3. Loan shark - Wikipedia

    en.wikipedia.org/wiki/Loan_shark

    A 2001 comparison of short-term lending rates charged by the Chicago Outfit organized crime syndicate and payday lenders in California revealed that, depending on when a payday loan was paid back by a borrower (generally 1–14 days), the interest rate charged for a payday loan could be considerably higher than the interest rate of a similar ...

  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 8 October 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. 6 types of emergency loans and their uses - AOL

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

    Very short repayment period. 4. Title loans. A title loan is another type of emergency loan that gets you fast access to cash secured by equity in your car. Also called a “pink slip loan ...

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

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

    The average payday loan has an interest rate of about 400 percent. Interest rates on personal loans are usually capped at 36 percent. Personal loans tend to have a minimum repayment term of 12 ...

  7. Emergency and payday loan alternatives that could save ... - AOL

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

    Payday loans are an easy way to get cash, but they have sky-high interest rates. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...

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