While installment loans for bad credit may have greater prices and less-borrower-friendly terms, these loans won’t be the same as pay day loans. HereвЂ™s just how installment loans for bad credit and extremely payday that is short-term vary.
Beware: Some lenders of short-term loans may blur the lines between an installment loan and a cash advance. As an example, you may see вЂњinstallment loansвЂќ marketed for lower amounts with payment terms which range from anyone to 12 installments and APRs up to 749%. Continue reading Installment loans for bad credit vs. payday advances