What is a payday loan?

Definition,Applying, Repaying Payday Loans and more

What is a payday loan?   For individuals who are employed and have just one source of income, the task is always finding money from other sources in case something comes up. What happens when you have to pay for an emergency medical bill, your child’s school fees or maybe catch up on a mortgage payment. These are some emergencies which may hit you somewhere in the middle of the month before your next payday. This will prompt you to look for a fast alternative for extra cash. Loans are your …