Tag Archives: cash advance

Annual Percentage Rate

APR is Annual Percentage Rate, was introduced under the Consumer Credit Act 1974, to ensure comparability of loans. It is the interest payable on amount borrowed as an annual rate charge. It is required  to be published for all regulated loans. … Continue reading

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Payday Loans and Other Loans

Unsecured and Secured Loans: Payday Loans are unsecured loans wherein no collateral is needed and Other Loans such as Personal Loans are secured loans wherein your property or some asset would get mortgaged. Approval: Payday loans are approved on the basis … Continue reading

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Origin of Payday Loans.

Have you ever thought how and when Cash Advances or Payday Loans originated? The payday cash loan has quite an interesting past. A payday loan is a short term loan that is provided to the borrower to help them at … Continue reading

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