Archive for December 4, 2013

Dec
04

What to Do if You Need a Quick Short Term Loan

Pay day loans

In some cases in life, people need a little bit of money loaned to them to cover things such as car payments, medical bills or other owed balances. Sometimes they simply don’t have the money or won’t have the money until they receive a paycheck. In those instances, payday loan lenders are more than clutch-they can be life saving. Payday loan lenders typically loan a small amount of money to those in need, but only for a small period of time.

To prevent against usury, which is essentially just a big word for unreasonable rates of interest, some jurisdictions actually limit the annual percentage rate that any lender, including payday loan lenders, can charge. Payday loans are not meant to serve a