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What Does Payday Loan Mean?

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PLEASE NOTE: The summaries should be used for general informational purposes and not as a legal reference. NCSL is unable to provide assistance, guidance or answer questions for citizens or businesses regarding payday loan laws and practices. If you have questions regarding the application of a state law to a specific payday loan, please contact the Office of the Attorney General in your state.

3 PERSONAL LOAN LENDERS THAT ACCEPT COSIGNERS Credit union or bank One of the simplest options is to visit your local credit union or bank to ask for a short-term loan. Try setting an appointment with a loan counselor in person, and be sure to bring pay stubs and tax statements. If you earn income from a side business, make sure to have the information with you as well. Credit unions are often easier to work with if you're already a long-term customer.

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