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May 29, 2017. A payday loan is a short-term, high-interest loan, generally for $500 or less, that's designed to bridge the gap between paychecks. The quick cash infusion is nice, but when you apply for a payday loan, you may wind up getting more than you bargained for. As the Consumer Financial Protection Bureau.
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Jun 2, 2016. If you're in need of cash — fast — make sure a payday loan really is your last resort. Cash-strapped consumers may have more options than they realize. The Consumer Financial Protection Bureau is proposing new rules to curtail payday lending practices the agency says can lead borrowers into long-term.
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“Quick payday loans” are something that lending companies like to advertise, and as a result, it's something consumers are looking for. But some companies that offer quick payday loans don't always have the consumer's best interest at heart. That is why we will tell you that QuickQuid does not offer “quick payday loans”.
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May 8, 2012. With all the bad press payday loans get, you'd think people would steer clear of them. But the lure of fast cash keeps them coming. Remember, however, that payday loan companies deal mostly with people who can't get loans through mainstream channels. According to Kristen Hagopian, radio talk show.
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