Pros And Cons Of Payday Loans: What You Need To Know
May 19, 2023
What Is A Payday Loan? A payday loan, also known as a cash advance or paycheck advance, is a short-term, high-interest loan typically intended to be repaid by the borrower’s next paycheck. These loans are usually small in amount, ranging from a few hundred dollars to a couple of thousand dollars, and are designed to…