If you’re an independent contractor and need a quick cash infusion, there are a few different types of loans you can take advantage of. A payday loan is the most popular option, and these short-term loans typically have interest rates in the range of 365 to 550 percent. If you’re looking for a longer-term option, …
Cash Advance for Independent Contractors: What Type of Loan Is Best for You? Read More »
Payday loans are short-term loans that borrowers can take out to cover expenses until their next payday. Normally, payday loans mature after 10 to 14 days, but some lenders may offer longer terms. Borrowers should be aware of the terms and conditions of their payday loan before taking out a loan, and should always be …
Payday loans: When does a payday loan typically mature? Read More »
Collateral is an important part of a payday loan. When you take out a payday loan, you are pledging some of your personal belongings as security in case you can’t repay the loan on time. This can include anything from your car to your jewelry to your house. The idea behind collateral is that it …
Payday loan collaterals: In a payday loan, what is considered collateral? Read More »
