Payday loans, which are high-APR loans often due within two weeks, are renewed or rolled over about 80% of the time because borrowers struggle with repayment, according to the CFPB.

Explore the best short-term personal loans available. Compare top lenders, learn their terms, and find the perfect loan to quickly meet your financial needs with minimal hassle.

While the interest rates are high (34.99% to 99.99% APR), the shorter loan terms can make sense for borrowers ... Interest rates and fees on short-term loans are typically higher than other ...

A short-term loan may be all you need to get past an immediate financial hurdle—but be careful. Here’s what you should know about your options, the risks, and how they work.

There are also short-term loan companies that offer business loans with terms of up to 12 or 24 months or longer. Shorter repayment periods always mean that regular payment requirements are higher.

Car title loans: Another type of short-term loan, a car title loan, allows you to use your vehicle as collateral as long as it’s owned outright. Lenders may only allow you to borrow just 25 to ...

Explore the best short-term loans for bad credit with no collateral. ... Rates are highest on small loans. For example, the APR range for a $1,000 loan is 12.79% to 24.74%, ...

When it comes to personal loan terms, the shorter your loan term the more you'll save on interest and the faster you'll free up space in your budget. Best short-term loans for bad credit of July 2025 ...

Explore the best short-term loans for bad credit with no collateral. ... Rates are highest on small loans. For example, the APR range for a $1,000 loan is 12.79% to 24.74%, ...

Though interest rates tend to be higher on longer-term loans, a shorter-term loan can cost much less even at the same APR. For example, a seven-year, $10,000 personal loan with an APR of 16.00% ...

Short-term loans can be a good option if you need fast funding and don’t qualify for a traditional loan. Learn how to choose the best one for you.