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What is a Payday Loan?
Payday loans are loans that let you borrow funds for a short time period — typically at a high interest rate. This type of loan gets its name from the fact that most payday loan definitions specify that you have to pay back the loan out of your next paycheck....
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How to Get a Payday Loan
If you are strapped for cash and just need a few hundred dollars to make it to your next payday, a payday loan might sound like the financial tool you need. Understanding more about how to get a payday loan and the common repayment options for these loans is the first...
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7 Benefits of an Installment Loan
If you need fast cash for an urgent expense or want to make a large purchase but break the payments up over time, an installment loan might be your best option. Learn more about installment loans below, including how Wise Loan can help. What Is an Installment Loan? An...
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Will My Credit Score Go Down if I Apply For A Loan?
Soft Inquiry vs Hard Inquiry: Will My Credit Score Go Down if I Apply for a Loan? Do loans affect your credit score? They absolutely do — whether or not you make loan payments on time and as agreed can help drive your credit score up or down. Did you know, though,...
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How Will Inflation Impact My Personal Loan?
Inflation can have direct and indirect impacts on your personal loans. Find out more about inflation below, including how it might impact any personal loans you already have or loans you want to take out in the future. What Is Inflation? Inflation refers to rising...
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5 Tips For Paying Back a Personal Loan Early
Paying your personal loan off early can offer some financial benefits. Depending on how your loan is structured, you could save a lot in interest costs, and freeing up the money you normally spend on the loan payment adds some cash back to your monthly budget. But...
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What Is the Best Online Payday Loan?
Payday loans are short-term loans — typically in relatively small amounts — designed to help people cover unexpected emergencies or expenses. Understanding your options when it comes to payday loans and alternatives can help you make the best financial choice for you...
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How to Get Your Loan Approved
With more than 21 million outstanding personal loans in the United States, personal loans are a fairly common form of debt to carry. Reasons people apply for personal loans include debt consolidation, home improvements, a major or unexpected expense, medical bills,...
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Can I Get a Payday Loan on Disability?
Can I Get a Payday Loan When I’m on Disability? If you’re receiving disability benefits from the federal government, you may wonder if you can get a loan. For example, if you’re not getting a regular paycheck, can you get a payday loan while on...
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The Difference Between A Wise Loan and A Payday Loan
Wise Loan offers credit-building installment loans that can help you get the cash you need for emergencies or other unplanned expenses even if you don’t have a great credit score. A lot of payday loan products are marketed in a similar manner, so what’s...
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