asset definition

asset definition
payday loanscash advancepay day advanceloanadvance resources

Payday Loan Glossary: asset

Asset is anything having commercial or exchange value that is owned by a business, government, institution, or individual. Assets are any possessions that have value in an exchange. The primary classifications of assets are: current assets, long-term assets, prepaid and deferred assets, and intangible assets.



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Definition: asset (Cash Advances)

Payday loans provide cash advances to people in need of quick money. The payday loan store (or online pay day provider) can assist consumers in paying off debts such as utility bills or emergency car repairs when the cash flow is not readily available from their bank accounts.

Alternatives to Payday Loans (Cash Advances): The FTC has the following suggestions when researching an online payday loan provider or store:
Ask your creditors for more time to pay your bills.
If you decide you must use a payday loan, borrow only as much as you can afford to pay with your next paycheck and still have enough to make it to the next payday.

Payday Loan / Cash Advances Common misspellings:
pyaday, apyday, payda, paydy, payay, paday, pyday, ayday
loan, loam, roan, lone, loin, roin, loen, roen, roam, olan, oran, lona, rona, 1oan, laon
cash, cache, cahs, csah, acsh
daance, davence, avahnc, davnce, davanse, avahnse, davace, davense, avahnce, davane, davanc, avenc, davenc, avanc, davahnce, avense, davahnse, avanse, davahnc, avence, dvance, davance, advamce, advanec, advacne, advnace, adavnce, avdance


The cost of pay day loans, under the Truth in Lending Act, must be disclosed like other types of credit. You have to be provided with: the finance charge (dollar amount) and the annual percentage rate / APR (the cost of credit on a yearly basis).

Information on No fax payday loans and quick cash advances

Payday Loans Glossary of Terms - Define: asset - 2004 HJ Ventures International, Inc.