Payday loan answers

What is a payday loan?

I was asked to sign an "ACH authorization" to allow electronic access to my account in order to repay a payday loan. What is that?

What does it mean to renew or roll over a payday loan?

Should I get a payday loan if I need money now?

What are the costs and fees for a payday loan?

What do I need to qualify for a payday loan?

Do I have to put up something as collateral for a payday loan?

How can I tell if a payday lender is licensed to do business in my state?

How do I repay a payday loan?

What can I do if I can’t repay my payday loan?

Why did my payday lender charge me a late fee or a non-sufficient funds (NSF) fee?

How can I stop a payday lender from electronically taking money out of my bank or credit union account?

Can a payday lender garnish my bank account or my wages?

I heard that taking out a payday loan can help rebuild my credit or improve my credit score. Is this true?

What should I consider if I'm thinking about getting a payday loan online?

My payday lender said my loan would cost 15 percent but my loan documents say the annual percentage rate (APR) is almost 400 percent. What is an APR on a payday loan and how should I use it?

Could I be arrested if I don't pay back my payday loan?

What are my rights under the Military Lending Act?

What is covered under the Military Lending Act?

I received an unexpected preapproved offer, or live check loan, in the mail. What happens if I cash or deposit it?

What is a Personal Line of Credit?

How do I find a Personal Line of Credit?

What should I look for when shopping for a Personal Line of Credit?

How much can I borrow with a Personal Line of Credit?

How do I pay back my Personal Line of Credit?