A payday loan is a short-term, high-cost loan meant to be repaid on your next payday. Payday loans are easily available if you’re 18 or older, have a valid ID, a bank account and proof of income.

Dori Zinn loves helping people learn and understand money. She's been covering personal finance for a decade and her writing has appeared in Wirecutter, Credit Karma, Huffington Post and more. If you ...

When you need cash quickly and have limited options to access it, a payday loan might seem like a solution. A payday loan is a short-term, high-interest personal loan, usually for a small amount, due ...

Meredith Mangan is a senior editor and expert on personal loans. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned ...