Niiwin, LLC, d/b/a Lendgreen (“Lendgreen”), is a wholly owned subsidiary of LDF Holdings, LLC, a wholly owned subsidiary of the Lac du Flambeau Business Development Corporation, a wholly owned and operated economic arm and instrumentality of the Lac du Flambeau Band of Lake Superior Chippewa Indians (“Tribe”), a federally recognized Indian tribe. Lendgreen is organized and in good standing under the laws of the Tribe. Lendgreen is a duly licensed Financial Services Licensee of the Lac du Flambeau Tribal Financial Services Regulatory Authority, an independent regulatory body of the Tribe.
While both types of loans provide you with the money you need, the main difference between an installment loan and a Payday Loan is the loan term and fee structure. A payday loan is usually due in full on your next pay date, whereas an installment loan is repaid through a series of scheduled payments that are typically set up to land on your pay dates.
It’s fortunate that there are fast payday loans available when you need them, but they are not intended to be a long term financial solution. Consider all your options in order to avoid taking out a fast cash loan. If you are finding yourself stuck when it comes to finances, living paycheck to paycheck with no savings, it might be time to take a step back and look at your overall financial picture. To change your money situation there are only two things you can do: make more money and/or spend less.
In an emergency, coming up with an extra hundred dollars can feel impossible, and for the 26 percent of Americans without any emergency savings, it is impossible — unless they're using fast cash loans. These short-term, small-dollar loans address gaps in your cash flow. If you got sick and took a lot of time off work or had weather-related absences that showed up in the form of a reduced paycheck, paying the bills this month may be more than a struggle. Fast cash loans can help you make up the gap until your financial situation improves.