Browsing Tag

high interest

What is a payday loan?

A payday loan is a form of short-term borrowing where the lender offers high interest credit based on your income. Usually the loan amount is a part of your next paycheck, they are also called cash advance loans or check advance loans.As…

Definition of cash advance

What is a cash advance? A cash advance is a short-term loan from a bank or alternative lender. The term also refers to a service provided by many credit card issuers that allows cardholders to withdraw a certain amount of…