Category Archives: payday loan same day deposit

Tiny Loans, Big Charges: Pitfalls of Pay Day Loans

Barbara O’Neill, Ph.D., CFP® Extension Professional in Financial Site Management Rutgers Cooperative Extension

Desire to have a little step toward enhancing your funds? Avoid payday loans!

Pay day loans are single-payment, short-term loans which can be manufactured in return for delayed deposit (typically within a fortnight) of a borrower’s postdated check that is personali.e., a talk to a future date about it). Continue reading