Payday loans basics

What is a payday loan?

I was asked to sign an "ACH authorization" to allow electronic access to my account 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 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?

Can a payday lender garnish my bank account or my wages if I don't repay the loan?

Can taking out a payday loan help rebuild my credit or improve my credit score?

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

What is an annual percentage rate (APR) and why is it higher than the interest rate for my payday loan?

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

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?