Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between payday loans and personal loans?

April 26, 2017payday loans personal loans

0

Posted

What is the difference between payday loans and personal loans?

1 Answer

0

Posted

A bank or any other financial institution offers personal loan for a period of six months to five years with a fixed rate of interest. A payday loan is an unsecured short-term loan offered to help you meet your immediate financial requirement.