Is a Payday Loan Installment or Revolving? Key Differences in 2024-2025

2 days ago 1
Is a Payday Loan Installment or RevolvingKey Highlights Payday loans are short-term loans. They have high interest and are meant to be paid back by your next payday. Payday loans usually last from two to four weeks. This is different from installment loans, which come with a repayment plan. Installment loans require fixed monthly payments over a specific time. You might [...]
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