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Payday Lending Is A $30 Billion Industry

"The Unbanking of America" author Lisa Servon explains how payday loans exploded in popularity between the years of 2002-2012, growing from $10 billion to ...

Why Payday Loans Aren't Much Different From Credit Cards

"The Unbanking of America" author Lisa Servon refutes negative stigmas against payday loans and explains how they aren't much different from the credit cards ...

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Payday loan - Wikipedia

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." The loans are also sometimes referred to as "cash advances," though that term can also refer to cash provided against a prearranged line of credit such as ...

Are Payday Loans Really as Evil as People Say ...

With annual interest rates around 400 percent, payday loans are called exploitative by critics. But the industry says those rates are necessary.

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What Happens When You Can’t Repay a Payday Loan? - NerdWallet

A payday loan default can lead to a barrage of bank overdraft fees, constant collections calls, damage to your credit scores, a day in court and garnishment of your paycheck.

Online Payday Loans With No Credit Checks and Instant ...

Online Payday Loans With No Credit Checks and Instant Approval in South...