A payday loan or a cash advance loan is a loan for a short time. You pay a fee to borrow the money, even if it is for a week or two.
A payday loan or cash advance loan can be very expensive. Before you get one of these loans, consider other ways to borrow.
You might be able to borrow money from:
You might ask for more time to pay your bills. You can talk to a credit counselor to get help.
If you are in the military, the law protects you and your dependents. The law limits the interest rate on payday loans. The law also tells lenders to give you information about your rights and the cost of the loan. The military also offers financial help and help managing your money.
A payday loan or cash advance is based on your amount, it can be expensive but a great way to get cash today.