CashNet USA

Payday loans are a special type of short-term loan that can be quite useful if used properly; these unsecured loans are designed to give borrowers enough money to make it to their next paycheque without trouble, after which the loan is repaid.

While payday loans are legitimate debts that need to be treated as such, they are generally more informal than many loans because of the ease with which individuals can apply for them as well as the shorter term of the loan.

Most payday loans are designed to be repaid within two weeks of the loan being issued, though this date is often negotiable depending upon when the borrower's next payday is.