{"id":6819,"date":"2016-05-31T14:51:21","date_gmt":"2016-05-31T14:51:21","guid":{"rendered":"\/?p=6819"},"modified":"2018-12-28T20:29:42","modified_gmt":"2018-12-28T20:29:42","slug":"advantages-of-salary-loans","status":"publish","type":"post","link":"https:\/\/getyourfreedompass.com\/finance\/loans\/advantages-of-salary-loans\/","title":{"rendered":"Advantages of Salary Loans"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Have you ever heard of salary loans? Salary loans are similar to payday loans except the fees are much lower and they are done at your local bank. You usually can only borrow up to $500, although there are some cases where you may be able to borrow more. Here are some advantages to taking out these kinds of loans.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Lower interest rates<\/strong> \u2013 The interest rates on these loans are much more manageable than pay day loans.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Lending standards<\/strong> \u2013 Lending standards are making it easier to borrow money even if you have poor credit or no credit at all.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Build credit<\/strong> \u2013 If done correctly, you may be able to build your credit score with these loans. \u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Word of caution&#8230;only take out these loans for emergencies. The payments are due right away meaning there is a possibility that you\u2019ll run short on cash until your next paycheck.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you ever heard of salary loans? Salary loans are similar to payday loans except the fees are much lower and they are done at your<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":7062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/posts\/6819"}],"collection":[{"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/comments?post=6819"}],"version-history":[{"count":0,"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/posts\/6819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/media\/7062"}],"wp:attachment":[{"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/media?parent=6819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/categories?post=6819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/getyourfreedompass.com\/wp-json\/wp\/v2\/tags?post=6819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}