Installment loans for bad credit vs. payday advances

While installment loans for bad credit could have greater prices and less-borrower-friendly terms, these loans won't be the same as payday advances. Here’s just exactly how installment loans for bad credit and incredibly short-term payday advances vary. Beware: Some loan providers of short-term loans may blur the lines between an installment loan and a loan that is payday. For instance, you may see “installment loans” marketed for smaller amounts with payment terms ranging from anyone…