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  2. Emergency and payday loan alternatives - AOL

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

    Payday loans are a form of predatory lending with exorbitant interest rates and short repayment periods, making them a risky option for emergency cash. There are safer alternatives to payday loans ...

  3. 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 cater to those with low credit scores or a thin credit history. Interest rates and fees are typically far above the average personal loan. These loans should be approached ...

  4. 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 ...

  5. 6 types of emergency loans and their uses - AOL

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

    Steep interest rates if you have poor credit. Loan origination fees and other fees are up to 12 percent of the loan amount in some cases. Repayment options are shorter than home equity lending ...

  6. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    The term "payday" in payday loan refers to when a borrower writes a postdated check to the lender for the payday salary, but receives part of that payday sum in immediate cash from the lender. [1] However, in common parlance, the concept also applies regardless of whether repayment of loans is linked to a borrower's payday.

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    In finance, a loan is the transfer of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money ...

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