Payday Loan

Introduction - Payday loan - Revolving Credit - Open End Credit - Cash Advance - Interest

Mortgage - Credit card - Internal - Loan - Payday loan - Loan to Value

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Cash Advance

A loan taken out against a line of credit or credit card, typically imposing higher-than-normal interest charges.

Notes:
Often the interest charged on these loans is a fixed number of percentage points above the prime rate. Additionally, there is seldom a grace period in which no interest is charged. These two factors make cash advances more expensive than many other types of debt financing.

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Introduction - Payday loan - Revolving Credit - Open End Credit - Cash Advance - Interest

Mortgage - Credit card - Internal - Loan - Payday loan - Loan to Value