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Our Loan Types

What is a payday loan?

It’s a small (usually under $1,000), short-term, no-collateral, cash advance. They are backed by future income, such as your next paycheck, a dividend or other type of regular income, and the term of the loan is usually 30 days or less.

What is an installment loan?

It’s a small (usually under $2,500), short-term, no-collateral, cash advance. They are backed by future income, such as your next paycheck, a dividend or other type of regular income, and are paid back in a set number of scheduled payments.