A payday loan is a short-term, high-cost loan meant to be repaid on your next payday. Payday loans are easily available if you’re 18 or older, have a valid ID, a bank account and proof of income.

Text Callout : Key Takeaways – Payday Loan Alternatives: What Option Is Best for You? When you need emergency cash, the payday loan promise of fast money with no hassle can be tempting. However, the ...

Payday loans seem like a convenient way to get some extra cash when you need it most before your next check arrives, but that convenience could come at a higher cost than you anticipated. These loans ...

Last week, the Consumer Financial Protection Bureau (CFPB) announced that its so-called “Payday, Vehicle Title and Certain High-Cost Installment Loans” rule (Rule) will go into effect on March 30, ...

When you need cash quickly and have limited options to access it, a payday loan might seem like a solution. A payday loan is a short-term, high-interest personal loan, usually for a small amount, due ...

Low Credit Finance has announced new updates to its national online lending network for 2025. The platform now connects qualified applicants with a broader range of verified lenders offering payday ...

In 2024, Goodwin monitored 15 enforcement actions related to payday or short-term small-dollar loans, an increase from the seven such actions that Goodwin monitored in 2023. The total recoveries in ...

(NerdWallet) – When Minnesota resident Sherry Shannon was short on cash after her car broke down in 2013, she turned to a storefront payday lender for a $140 loan. She remembers the process as quick ...

A new report from the Better Business Bureau warns consumers of numerous ways scammers have found a home within the shadows of the payday loan industry. The report issued this week said that new ...

Colin Beresford is a writer and editor experienced in helping people make the best decisions with their money, whether it's buying a car or taking on a loan. He has written for Bloomberg, The ...

Use this calculator to see your potential payday loan APR. Payday loans can put your finances at risk, so it’s a good idea to compare alternatives. Use this calculator to see your potential payday ...