freedom cash lenders
https://freedomcashlenders247.com/It depends on the type of emergency loan you choose. However, most are dispersed in a lump sum and payable in monthly installments over a set period. The loan term varies by loan product, and interest rates can be fixed or variable. If it’s the latter, your loan payments will likely fluctuate over time.
There are also unsecured and secured emergency loans. The latter requires collateral – like a vehicle title – to get approved. It’s also riskier since defaulting on the loan agreement means you could lose your asset.