From 4ae33fd0debd23b0ad51ef3c268591c609cb62d4 Mon Sep 17 00:00:00 2001 From: Akilah Kula Date: Tue, 10 Dec 2024 00:24:54 +0000 Subject: [PATCH] Add 'Unlocking Low-Income Online Loans' --- Unlocking-Low-Income-Online-Loans.md | 44 ++++++++++++++++++++++++++++ 1 file changed, 44 insertions(+) create mode 100644 Unlocking-Low-Income-Online-Loans.md diff --git a/Unlocking-Low-Income-Online-Loans.md b/Unlocking-Low-Income-Online-Loans.md new file mode 100644 index 0000000..674812c --- /dev/null +++ b/Unlocking-Low-Income-Online-Loans.md @@ -0,0 +1,44 @@ +What is a Paycheck Advance? +A paycheck advance, also identified as a money advance or payday mortgage, is a short-term borrowing possibility where people entry funds based on their upcoming paycheck. These advances are typically provided by lenders or on-line financial companies. Once a person receives their wage, they are obligated to repay the advance, typically together with a charge or interest. 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