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Explained: 'Quick cash’ — What are payday loans, when can you borrow this money? Risks, eligibility, documents required

1 source · first seen 11:10 4 Oct · updated 11:10 4 Oct

The brief

Written from 1 report · check the source before you trade
  • Payday loans are short-term, unsecured advances for emergencies; the report covers risks, eligibility and required documents
  • The topic concerns consumer credit practices at Indian lenders and digital lending platforms

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1 report · earliest 11:10
MintExplained: 'Quick cash’ — What are payday loans, when can you borrow this money? Risks, eligibility, documents required11:10