Payday Loan Alternatives and Resources

Payday loans can be useful for those who have an immediate need for cash to meet short-term obligations.  Be sure to exhaust these alternatives prior to seeking a payday loan: —Borrow from a credit union or other small loan lender. Be sure you understand all the fees and terms before you sign. Put off the expense…

Payday Lending FAQ

What is a payday loan? Short-term loan designed to meet immediate needs Generally three features Small amounts —Typically due your next payday You must give lenders access to your checking account or write a check for the full balance in advance that the lender can deposit when the loan comes due. How much does a…