Payday Loans

PAYDAY LOANS Overview

Payday loans are short term personal loans that are not credit based. As long as applicants are employed with a steady source of income, they may be approved for a loan. Payday loans are generally from $100 to $1000, sometimes as high as $1500. Since they are a convenience loan and are not meant to be a long term solution, they come with higher interest rates than traditional loans.

But, of course, payday loans are much easier to get for many people than traditional credit-based loans.​