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Sep 28, 2017 - 34 minute read

Personal cash loan meaning

To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay. If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments.

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Personal cash loan meaning

If you have a personal story about borrowing money online, The Huffington Personal cash loan meaning wants to hear from you. Contact Hunter Stuart at hunterhuffingtonpost. com or 212-402-7149.

Update, January 21, 2015: Lisa McGreevy, CEO of the Online Lenders Alliance, emailed HuffPost an extensive response to this article. She reiterated the stance of the OLA representative in the story, that state laws about online lending are unclear and that most online lenders don't operate in states "where jurisdiction is in question.

" Among her other points: "The article relies heavily on a Pew Charitable Trust study regarding online and storefront lending that is based on research conducted in 2011, which preceded changes by many online lenders in response to industry guidance from the FTC.

In short, the study does not reflect personal loans with no collateral legitimate online lenders conduct business today. We do, however, agree with a number of the conclusions in the Pew report, including the need for more fraud protection and strong, clear federal guidelines for small-dollar loans.

Personal cash loan meaning

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