Editor: It is the opinion of Your Family Finances, that payday loans should be avoided at all costs. This article, however, does give some perspective and shows what is being done in the UK to make them more responsible. R3 Survey Reveals Shocking Statistics on Short Term Payday Loans Payday loans have been getting a […]
Responsible Short Term Payday Loans for Christmas Read More »
Payday loan providers are almost everywhere now as more and more people turn to them to get some quick cash. Payday loans typically have high interest rates and are almost always for a very short term – usually less than a month as they are an advance against the borrower’s next paycheck/payday, hence their name.
Payday Loans: Debt Trap or White Knight? Read More »
Short-Term vs. Long-Term Loan A loan is a principle amount that is received by the borrower from the lender as a debt for a certain period of time for the repayment of the principle with an assigned interest. Loans can be provided by financial institutions, banks, or peer-to-peer etc. Loans differ by their features such as the
Short Term Loan vs. Long Term Loan – Which One to Choose? Read More »
