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  2. What happens when you can’t repay a payday loan? - AOL

    www.aol.com/finance/happens-t-repay-payday-loan...

    A lender can sue you for not repaying your payday loan as promised. Payday lenders report missed payments to the credit bureaus, which could cause a drop in your credit score. If a lender wins a ...

  3. Payday loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Payday_loans_in_the_United...

    A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." [1] [2] [3] The loans are also sometimes referred to as " cash advances ," though that term can also ...

  4. Supreme Court rebuffs challenge to consumer protection agency

    www.aol.com/news/supreme-court-rebuffs-challenge...

    In 2018, the Community Financial Services Association of America and the Consumer Service Alliance of Texas sued the CFPB in an effort to throw out a regulation cracking down on payday loans.

  5. Critical factors to consider when taking out payday loans ...

    www.aol.com/finance/critical-factors-consider...

    The average payday loan has an interest rate of about 400 percent. Interest rates on personal loans are usually capped at 36 percent. Personal loans tend to have a minimum repayment term of 12 ...

  6. FirstCash - Wikipedia

    en.wikipedia.org/wiki/FirstCash

    Services. Pawnbroker, services. Website. firstcash .com. FirstCash Holdings, Inc. is an American pawnshop company headquartered in Fort Worth, Texas which operates retail pawn stores in the U.S. and Latin America. It is a publicly-traded company listed on the Nasdaq stock exchange. In September 2016, the company merged with Cash America ...

  7. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates. These loans are typically designed to cover immediate financial needs and are intended to be repaid on the borrower's next payday.

  8. Emergency and payday loan alternatives - AOL

    www.aol.com/finance/emergency-payday-loan...

    These unsecured loans aim to provide credit union members a lower-cost alternative to predatory payday and emergency loans. There are two types of PAL loans: PAL I and PAL II. Both have the same ...

  9. Check Into Cash - Wikipedia

    en.wikipedia.org/wiki/Check_Into_Cash

    Jones founded Check Into Cash in 1993. He has been referred to as "the father of the payday lending industry" for creating the first national payday lending chain. In 1973, at age 20, he left college, where he had been pursuing a business degree, to help stabilize the family’s business, the Credit Bureau of Cleveland (TN).

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