The Tall Expenses of Payday Advances. Payday and automobile name loans are becoming more widespread throughout the decade that is past.
These loans typically involve smaller amounts (generally $500 or less) for brief amounts of time (like the borrower’s next payday). An automobile name loan is comparable, but utilizes a motor vehicle name as security in the place of the check that is post-dated use of a bank checking account required by pay day loans. If […]