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  2. 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 ...

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

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

    A payday loan is an emergency loan that gets its name from its repayment structure. With most payday loans, you’ll get the money upfront and write the lender a postdated check.

  4. 7 Best Loan Apps of March 2024 - AOL

    www.aol.com/finance/7-best-loan-apps-march...

    App. Maximum loan amount. Time to funding. Fees. Google Play rating. App Store rating. Albert. Up to $250. Instantly for a fee; 3-6 days free of charge. Instant cash advance fee

  5. 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 ...

  6. List of scams - Wikipedia

    en.wikipedia.org/wiki/List_of_scams

    A consumer inquires about a payday loan or short-term credit online and is asked for a long list of personal information. The lender is a shell firm; the loan might never be made, but the victim's personal information is now in the hands of scammers who sell it to a fraudulent collection agency.

  7. 5 Cash Advance Apps That Don’t Use Plaid - AOL

    www.aol.com/5-cash-advance-apps-don-160752127.html

    The Consumer Financial Protection Bureau says the average payday loan is $320, but the average interest for that loan is $520. Today, payday loans have been largely replaced by cash advance apps.

  8. Online Lenders Alliance - Wikipedia

    en.wikipedia.org/wiki/Online_Lenders_Alliance

    The Online Lenders Alliance (OLA) is an industry association that represents members of the online financial services community. The OLA sets best practices and standards for online lending businesses and monitors the Internet for bad actors operating in the field.

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

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

    No-credit-check loans do not require a review of your credit score, which can make them convenient if you have bad credit. But they can be risky and often have extremely high interest rates and ...

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