Welcome! | Ask A Question

 
 
 
 
Question

Asked 11/7/2009

Online payday advance loans?

Online payday advance loans?

 
 
 
 
 
Answers

Answer 1/1 - Submitted 2/17/2010

These are loans provided to borrowers via a website, email, or fax for a small amount of money to paid off at the next paycheck date of the borrower. The interest rates are generally higher than normal loans and the money is directly deposited to the borrower's bank account. When it is time to payoff the loan, the lender can automatically withdraw from the borrower's checking account.

 
 
 
 
Answer This Question Now

Type your Answer in the box below and post your answer.

Learn more about how this works

 
 
 

Related Questions (Ask a New Question)

 
Can my 401k plan be restructured to not have deemed defaulted loans count as outstanding loans?

I took two loans many years ago and defaulted on both over a year ago. our plan only allows two loans. i was told by three customer service reps that i could have our plan restructured to not have the deemed defaulted loans count as outstanding loans, which would enable me to take another loan. my...

See Answers

 
I have two loans through my 401k at work that total about $6500.00.

I have two loans through my 401k at work that total about $6500.00. i'm retiring the first day of the coming month. do i have to pay these loans back through my current employer since the money was mine to start with. the interest is tacked on at the beginning of the loan process. i don't...

See Answers

 
401 k loans

From 1976 through 1987 in was enrolled in an esp(employee savings plan) to which i contributed after-tax money. in 1987 that money was transferred to a 401k. through the years i took 2 loans of $25,000.00 for tuition for my children. fidelity used those after-tax monies for the loans. here is my...

See Answers

 
Related Questions

Can my 401k plan be restructured to not have deemed defaulted loans count as outstanding loans?


I took two loans many years ago and defaulted on both over a year ago. our plan only allows...

 

I have two loans through my 401k at work that total about $6500.00.


I have two loans through my 401k at work that total about $6500.00. i'm retiring the...

 

401 k loans


From 1976 through 1987 in was enrolled in an esp(employee savings plan) to which i contributed...

 

I am leaving one company with 401 and loans can i roll them into the new company 401k and continue to pay the loans


I have a 401k with my company valued approx 100,000.00 loans on 401k valued at 30,000. i am...

 

Looking to leave my job and take my 401k out.


I have $35k in 401k loans & a balance of $75k. if i take out the balance to repay the loans...

 

Cashing in 401k with loans due.


Will my company pay any outstanding loans that i have from my 401k if i quit my job and want...

 
 

See more 401k questions

 
 
 
 
 

Ask A Question

Ask a new question about
401k: