Payday loans are short-term loans with a high-interest rate, and personal loans are long-term loans with lower interest rates. But both personal loans and payday loans can be used to pay for almost anything, and if you’re approved, you’ll get a lump-sum payment. If you plan to take out a payday loan or a personal […] The post Payday Loans vs. Personal Loans – Pros and cons appeared first on OPDL.| OPDL
A payday loan is a small unsecured cash loan with a short tenure. You may get this loan against a post-dated personal check or your paystub. The eligibility criteria for taking out a payday loan is quite simple that attracts the people who need fast cash. But this convenience with a price of hefty interest […] The post How much an unpaid payday loan can affect your credit? appeared first on OPDL.| OPDL
In our country, many people take out loans during the holidays for buying gifts, traveling expenses, and other holiday-related expenses. According to a 2019 report by MagnifyMoney, the people in our country racked up almost $1,325 in holiday debt. Eventually, they find it hard to repay their debts once they resume their normal lives after […]| OPDL
