Cash loan

From Cashwiki.org.org, the Money Wiki
Revision as of 11:50, 17 October 2013 by Johnmartin03 (talk | contribs)

A cash loan is a short term quick loans, usually lasting less than month until the next MoneyShop. 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.