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Whats the Scoop on Payday Loans
By Dino Tagnani

What is a payday loan?

A loan provided until your first or second payday that rarely exceeds 30 days, in most cases not to exceed 14 days. It is a high interest loan with no credit check. The rates for this loan are commonly called fees vs. interest. The annual percentage rate could at times exceed 1000% depending on the number of days you have your loan out.

What are payday loans often referred to as?

Payday loans often go by a variety of names: cash advance, post dated check loan, deferred deposit loan, cash loan, no credit check loan, and many other names. When you are online, you will see banner ads with the catchy words like fast cash, get cash, cash now, cash in minutes,...
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More Instant Cash Loans Resources

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Pay Day Loans Firm Wonga Sets Its Sights On Small Businesses
Controversial pay day loans company Wonga is targeting Britain's small business with the launch of a new service to give companies "an instant cash flow... Read More ...

Amigo Loans and the dangers of being a guarantor
A new loan company is offering loans without credit checks or fees. The catch? You need to persuade someone who owns their own home to guarantee it. Read More ...

Broke 20-Somethings Are Living Off Payday Loans, Check Cashing And Prepaid Debit Cards
Payday loans, check cashing and prepaid debit cards have found a new customer in the cash-strapped twentysomething. Read More ...

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