Category Archives: payday loans huntsville al

Indian tribes lash down at efforts to squelch lending that is payday

Indian tribes lash down at efforts to squelch lending that is payday

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WHAT’S A QUICK PAYDAY LOAN?

• an online payday loan is a short-term, unsecured, high-interest loan.

• In Tennessee, loan providers may charge $15 for the $100 loan.

• The loan is usually due within fourteen days, or in the payday that is next. Thus the name pay day loan.

• If borrowers pay off the mortgage instantly, it may be a good option to avoid missing a motor vehicle or a home re payment. Continue reading