Articles Posted in Cash Advance

Yes.  Payday loans are classified as unsecured debt.  If you cannot repay your payday loans, consult with an experienced bankruptcy attorney immediately to discuss your legal options.

Payday loans are also referred to as cash advance loans, delayed deposit loans and deferred presentment loans.  In a payday loan, a borrower writes a check to a lender in exchange for a short-term cash loan.  The lender does not cash the check until the borrower’s next payday, up to…