Payday advance - Payday loans guide early paycheck
Payday loans or a payday advance (you may know it by different name as it is also called a salary loan, money advance, 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." The loans are also sometimes referred to as cash advances. Payday advance loans rely on the consumer having previous payroll and employment records.
To prevent usury (unreasonable and excessive rates of interest), some jurisdictions limit the annual percentage rate.
There are many different ways to calculate annual percentage rate of a payday loan. Depending on which method is used, the rate calculated may differ dramatically
Although some have noted that these loans appear to carry substantial risk to the lender, it has been shown that these loans carry no more long term risk for the lender than other forms of credit. These studies seem to be confirmed by the United States Securities and Exchange Commission filings of at least one lender, who notes a charge-off rate of 3.2%
Category : Business
Reviews (20)
nice app its easy to use! it teaches me to know more about loan, lending, and payday. i had great read on the course lessons hope you add more. more power!
This is really great app about payday advance. I like this app because it is helpful, easy to use and it has great design. This is a sponsored review.
(This is a sponsored review) A waste of time to download this app, just google how to best get a payday loan! In todays busy world nobody has time to go to play store search for this app THEN wait...To just get a few " tips" on how to get your paycheck a few days early!!! #GooglingTakesLessTime #GoogleHasAllTheAnswers
False ads and no help
Ok app if you are just needing to learn how payday loans work and how to keep from getting to far with then
I am really satisfied of this app, very helpful. If you have this opportunity you must use this app.
There's no option to even get a payday advance
i dont know whats other req. do want more... just to reject my loan. i can pay you naman.. nothing wrong with my salary.
Waste this app of ads only
not useful for me a waste of time
Helped me to get the whole payday advance thing
that's for now, I didn't get my approval yet.
This a helpful aplication
please reply my application thank you.
I can not upload government ID
Hop it would be helpful
Ok so please tell me how to apply for this payday loam?
Iam having trouble with this apliance
Here's an unsponsered review
This is a really a nice & workable app. you can get work this app information, loan pay & advance pay. I like this app because it is helpful, easy to use and it has great design. This is a sponsored review.