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The Truth About Short-Term Loans

• "Installment Loans"
• Loans
• "Tips and Tricks"

• Finance

A person might apply for a loan for a large number of reasons, but sometimes we need cash more than others. In a medical emergency or with sudden fluctuations in income, it can be helpful to have access to money if we otherwise wouldn't. A problem such as this is why people often turn to short-term loans. While there are certainly benefits to short-term loans, you should understand everything involved before applying for a short-term loan. 

How to Avoid Payday Loans

• "Installment Loans"
• Loans
• "Tips and Tricks"

• Educational

People take out loans for a large number of reasons, whether it's a medical emergency or simply a small boost to help with living expenses between pay periods. While everyone would appreciate the luxury of a savings account, this is sadly not a realistic possibility for many Americans. The typical American is just one financial emergency away from being in a rough position. This is partially why payday loans have become so popular over time.