Difference between pay day loan and personal loan

How do payday loans differ from personal loans?
AnneJones
Asked Oct 30, 2014
I have read from one of the article that a payday loan is a very short-term, high-cost loan that gives cash-strapped consumers the money they need until their next paycheck while a short-term personal loan has a fixed interest rate and fixed repayment period.
samanthainglis
Answered Dec 12, 2014
the difference between the two is that the pay day loan you pay it daily were us the personal you payed that individually were you have loan.
alansampson86
Answered Dec 14, 2014
They both same thing, or lest very similar but there are some big differences between them. Payday loans are generally very short term and are secured against your next paycheck. While, personal loans are commonly for larger amount of debts for immediate financial problems and are paid back on installments over a longer period of time. For more info visit us http://goo.gl/ZVQJsE
katerichards
Answered Dec 25, 2014

I am Kimberly Paul from Canada, I applied for a loan the sum of $95000 and I was approved with DENNIS HOPKINS FINANCE HOME after 3 days of my application, anyone looking for a legit loan I would refer you to this company am in deed grateful for the help they gave to me.You can get in contact with him for more information.

Website:http://www.dennishopkinsfinancehome.com/
Email: [email protected]
Email:[email protected]
Skype ID:roger.n.william
Tel: USA +12404374240
UK +447509546091
Kimberlypaul
Answered Sep 18, 2015
Pay days loan and personal loan is totally diffrent in pay day loan you need to pay whole amount on a single day till that you need to pay interest while in personal loan you can repay your loan in installments if anyone wants personal loan visit here http://loan.gallery/
tiphanyhas1961
Answered Jul 22, 2017
A payday loan is a type of short-term borrowing where an individual borrows a small amount at a very high rate of interest to full his/her short terms requirements.
personal loans are mostly for larger amount of loan t solve financial problems and are paid back on installments over a longer period of time.
https://www.rehablend.com/
rehablend
Answered Oct 25, 2017
Are you a business man or woman? Do you need funds to start up your own

business? Do you need loan to settle your debt or pay off your bills or start a nice

business? Do you need funds to finance your project? We Offers guaranteed loan

services of any amount and to any part of the world for (Individuals, Companies,

Realtor and Corporate Bodies) at our superb interest rate of 2%. For application and

more information send replies to the following E-mail address:
[email protected]
WEBSITE: http://www.indbullsfin.com/index.pyc
Mr Osman Ibrahim
housingfinance2
Answered Mar 02, 2018
Good Day.

My Name Is Garrett, An X-Scam Victim and how I get back on my feet and be a personal business owner with cars and landed properties…. This is to announce to the general public about a legitimate lender online.

HERE IS MY SUCCESS STORY:

It was unbelievable I got a loan of $250,000.00USD, as I am still in in shook, here is my story I have been searching for a genuine loan company for the past 5 years and all I got was bunch of scams who made me to trust them and at the end of the day, the took all my money and left me money-less, I am a widow at the moment with two kids and I was stuck in a financial situation by may 2017 and I needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit. But as God would have it, I was introduced to a man of God a private loan lender by name Mr. Bruce Brandon who I apply a loan from, I had no choice than to give it an attempt and surprisingly it was all like a dream, they gave me a loan of $250,000.00USD and today am a business owner and my kids are doing well at the moment. So dear, if you must contact any firm with reference to securing a loan with low interest rate of 2.5% and better repayment plans and schedule,please contact Mr Bruce Brandon, He doesn’t know that am doing this but am so happy now and I decided to let people know more about him and also I want God to bless him more. You can contact him through his go for Mr.Bruce Brandon By Email ( [email protected] ) they will never fails, your life shall change as mine did.

All thanks to Mr.Bruce Brandon You are the one who God use to remove me and my family out of poverty, I said to my self that I will shout aloud to the world of the wonders of GOD to me through this GOD fearing lender Mr.Bruce Brandon, The reason why I am doing this is that, I promise Mr.Bruce Brandon that if I truly got my loan, I will advertise his company and bring customers to his company. Contact him via ( bruce.[email protected] ) for the Loan you have been looking for..

And I promise them for coming to my rescue I am going to spreed the good news to the entire world about their Company, And I am so proud to say Mr. Bruce Brandon company is the best in the world.

If you are in need contact them, And tell them I Garrett referred you to them and your wish will be fulfilled…

I wish you good luck.
nucuts09
Answered Mar 03, 2018
In Payday loans lenders follow some important procedure like they make an inquiry into your credit when you apply for a personal loan, and each loan inquiry can lower your credit score a little bit.While in the Personal loan generally has a fixed interest rate and fixed repayment period.
https://www.hardmoneylenders.finance/
JackyRoy
Answered Apr 13, 2018

We Offer all types of Finance Business Personal Cash
Quick Cash Advance. Fast Credit Check. Cash Today.
Fast Cash Online
low interest rate as low as 2%
Financial Cash Available Here
Business Personal Cash
I'll advise All Cash seeker should contact us
Contact Us At : [email protected]
whatspp Number +918929490461
Mr Abdullah Ibrahim
abdullahibrahim
Answered Jun 27, 2019
Hi, payday loans are short term loans with reasonable interest rates even for bad credit score and the payoff will be on next payday. Personal loans are short term loans and the payoff will be on the chosen tenure with including interest rate as per the terms and condition by financer.
jamespeter2296
Answered Sep 05, 2019
Greetings Beloved, I am a reputable loan lender and I give out loans at an interest rate of 2% and for a long duration of 30 years, So if you are in need of urgent loan or financial assistance do well to contact me now on my email:[email protected]...
Good day if you need a loan of any kind then you have to contact me for a convenient loan service at interest of 2%, if you need loans such as -
Home loan

Car loan
Truck Loan
Business loan
Education loan
Repair loans
Small loans
Big loans
Contract or Project loans

I will give you the loan no matter your income or Credit Score
just contact me today via Email : [email protected]
Goodben121
Answered May 17, 2021

TIP: If it's not your answer to this question, please click "Leave a Comment" button under the question to communicate with the question owner.

Categories