Trying to make a decision between a payday loan and an installment loan? Here we share what you would like to understand about these two different loan options.
Installment loans are a wide category that includes student loans, auto loans, mortgage loans, and other personal loans, and be likely to be long-term and require soft or hard credit checks. Payday loans are precisely a type of installment loan, but with a little shorter repayment term, higher APR rates, and no credit check required.
Read More: https://easyqualifymoney.com/payday-loan-vs-installment-loan.php
