Balloon loans let borrowers make smaller periodic payments during the term and a large final “balloon”...
Rollover and extension risks occur when renewing or lengthening short-term loans or credit lines, potentially...
Rolling over high-cost short-term loans (like payday or title loans) often turns a short emergency borrow...
Short-term installment loans let borrowers repay in fixed installments over months, offering predictable...
Community resources—credit unions, CDFIs, nonprofits and local programs—offer lower-cost loans, grants,...
Merchant short-term loans (often called merchant cash advances) give seasonal businesses fast capital...
Short-term installment loans are small, fixed-payment loans that repay principal and interest over a...
Bridge loans are short-term, collateralized loans that let buyers or developers close on a new property...
A merchant cash advance (MCA) gives a business a lump sum in exchange for a share of future card sales...
High-cost payday advances trap many borrowers in cycles of debt. Safer emergency loan alternatives—credit...