small dollar loans

Small dollar loans are short-term, often high-interest loans typically ranging from a few hundred to a few thousand dollars. They are designed to provide quick access to cash for unexpected expenses or immediate financial needs. These loans usually have a shorter repayment period and higher fees compared to traditional loans. They are commonly offered by payday lenders, credit unions, or online lenders. While providing fast relief, they can be costly if not repaid promptly, so it's important to consider alternative options and understand the terms before borrowing.