About Payday Loans
sebenernya saya tidak begitu paham dengan istilah "payday loans", namun setelah membaca - baca artikel di internet, dan di dapat dari ensiklopedia bebas pengertiannya dapat di kutip sebagai berikut :
A payday loans (also called a paycheck advance) is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card (see cash advance). Legislation regarding payday loans varies widely between different countries and, within the USA, between different states
yang setelah disimpulkan kurang lebih adalah sebuah pinjaman jangka pendek yang bertujuan untuk menutupi tagihan lainnya. ok, mungkin kesimpulannya agak sulit di cerna, namun sistem ini lebih mirip (orang lain sering menyebut) hal ini dengan "kartu kredit" atau credit card.
The Loan Process
Pada dasarnya, payday loans terbagi menjadi dua jenis..
- Retail Lending (Pinjaman Ritel). Peminjam mengunjungi Retail Lending dan memasukan uang per bulannya (atau per 2 minggu) tergantung dari ketetapan vendor masing - masing. jumlah besarannya sekitar 15% sampai 30% dari penghasilan tahunan si peminjam.
- Internet Lending (Pinjaman Internet). Online payday loans are marketed through e-mail, online search, paid ads, and referrals. Typically, a consumer fills out an online application form or faxes a completed application that requests personal information, bank account numbers, Social Security number and employer information.[citation needed] Borrowers fax copies of a check, a recent bank statement, and signed paperwork. The loan is direct-deposited into the consumer's checking account and loan payment or the finance charge is electronically withdrawn on the borrower's next payday.[citation needed]
According to Debt On Our Doorstep, a coalition of debt charities and credit unions operating in the United Kingdom, many payday lendors operating on the internet do not run credit checks or verify income.
referensi http://en.wikipedia.org/wiki/Payday_loan