We are currently working on compiling a guide about Payday Loans.
According to Wikipedia, “A payday loan (also called a paycheck advance) is a small, short-term loan that is intended to cover a borrower’s expenses until his or her next payday.”
However, before you get involved in Payday Loan Borrowing please read the following US Government – FTC Consumer Alert”.
The best advice is: if at all possible steer clear of payday loans!
However, that may be easier said than done.
Sometimes people see no other solution than to solve a short term cash problem (caused by an unplanned event or emergency) by resorting to a payday loan.
We aim to provide you with a list of reputable payday loan providers shortly.