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Posted: Tue Aug 29, 2006 1:06 pm Subject: Payday loan and signature loan

What is the difference between payday loan and signature loan. Called some of the pdl company but the only explanation they can give me is the interest difference and no checking account is required.

Posted: Tue Aug 29, 2006 1:52 pm Subject:

A signature loan is a kind of loan that is not backed by any collateral. It is also termed as unsecured loan. If the person is not asking for your checking account info, the payments might be arranged through other means like the money order, western union etc. There might be some fixed terms and conditions when taking this loan. Review all the terms carefully before you decide for it.

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Payday loan and signature loan

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