Difference between revisions of "Cash loan"

From Cashwiki.org.org, the Money Wiki
Jump to: navigation, search
(remove link)
m (Protected "Cash loan" (‎[edit=sysop] (indefinite) ‎[move=sysop] (indefinite)))
(No difference)

Latest revision as of 12:42, 16 November 2013

A cash loan is a short term quick loan, usually lasting less than month until the next payday. Taken over a year the interest rate is extremely high, though in some jurisdictions there are legal limits set to prevent usury - even within different states in the United States. The lender is carrying a heavy risk of the loan not being paid back.

This is a stub. You can help by clicking edit and adding some more info.