SME Toolkit Logo
Partner Logo
Home  > Payday Loans
 Share  Print Version  Email

Payday Loans

Provided by Khan Academy

One way to obtain the money on a short-term basis is by taking out a payday loan. Payday loans are small-dollar, short-term, unsecured loans that borrowers promise to repay out of their next paycheck or regular income payment. In this tutorial you will learn about how payday loans work and why it is best to avoid them altogether. 

Payday Loans: How Payday lending works 

Copyright © 2016 Khan Academy. All Rights Reserved.

 Share  Print Version  Email
Comments & Ratings (0)
If you are a human, do not fill in this field.
Click stars to rate.
   Comments are truncated at 1000 characters