Payday loans also provide the advantage of private transactions, whereas a conventional loan becomes part of your credit history. The fact that you don't have to bother friends and relatives as a last resort spares you from the humiliation of asking for money.
he types of payday loans covered under the Military Lending Act are those that are paid back in less than 91 days, do not exceed $2,000 and require a debit, check authorization or other methods of payment that are delayed for one or more days.
