- Payday loans: Typically due in full on your next payday.
- Installment loans: Repaid in fixed monthly payments over the loan term.
- Personal loans: Similar to installment loans, with fixed monthly payments and longer loan terms.
- Title loans: Monthly payments are made until the loan is repaid or the vehicle is repossessed.
- Credit card cash advances: Repaid as part of your regular credit card bill.
FAQ
Q: What is the fastest way to get a quick loan?
A: Payday loans are typically the fastest, offering approval and funding within hours. However, they come with high interest rates and fees.