Payday & small loans
Know Your Rights
What is a Payday Loan?
A payday loan is a short-term, high-cost loan that must be paid back on or before your next payday, whether your income is from employment or government benefits. Payday loans are made by storefront lenders, check cashers, pawn shops, credit unions, and Internet-based providers. Publication #0600EN
When You Cannot Pay Off Your Payday Loan
Options on what to do when you can't pay off your payday loan on time. #0601EN.