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Payday Loans. These loans are usually small, short term and available to those with high-risk or marginal credit. They are called payday loans because, originally, the loan term lasted only till the borrowers next payday. Consumers turn to these loans to pay for unexpected emergencies or to cover living expenses.
They should be a last resort since they come with burdensome fees. What We Evaluated, What We Found.
All product and service options subject to change without notice. Cash advances subject to applicable lender's terms and conditions. Licensed by the California Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law. California loans other than deferred deposit loans are issued pursuant to the California Finance Lenders Law.
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