WHAT’S A QUICK PAYDAY LOAN?
• a cash advance is just a short-term, unsecured, high-interest loan.
• In Tennessee, loan providers may charge $15 for the $100 loan.
• The loan is usually due inside a fortnight, or from the next payday. Thus the name pay day loan.
• If borrowers pay off the mortgage straight away, it may be a good method to avoid missing an automobile or a residence re payment. Continue reading