Those repayment that is short — talk by what those are and just why they’re dangerous.

Those repayment that is short — talk by what those are and just why they’re dangerous.

Liz: All right, seems good. Hey, Annie, welcome to the show.

Annie Millerbernd: happy to be around. Thank you for having me personally.

Sean: Hey, Annie. I want to set you right up here. Our listener Michelle has to fix her vehicle, but she’s quick on money and her credit isn’t right that is great. She’s hoping to get a tiny unsecured loan to pay for the price, but she’s not sure that’s the most suitable option. Therefore to begin, is it possible to explain just what a small-dollar loan is and exactly how it is not the same as other types of loans?

Annie: Small-dollar loans are loans typically under $2,500. Continue reading “Those repayment that is short — talk by what those are and just why they’re dangerous.”