Installment loans for bad credit vs. payday advances

Installment loans for bad credit vs. payday advances

These loans are not the same as payday loans while installment loans for bad credit may have higher rates and less-borrower-friendly terms. Here’s just exactly just how installment loans for bad credit and incredibly short-term payday advances vary.

Beware: Some loan providers of short-term loans may blur the lines between an installment loan and a payday loan. For https://speedyloan.net/personal-loans-me instance, you might see “installment loans” marketed for lower amounts with payment terms which range from anyone to 12 installments and APRs up to 749%. (more…)

Continue Reading
Close Menu