![002-Difference-Between-Payday-Loans-and-Salary-Loans-2](https://signupforcoverage.com/wp-content/uploads/2016/05/002-Difference-Between-Payday-Loans-and-Salary-Loans-2-thegem-blog-default.jpg)
If you need to borrow money fast, you may be tempted to take out a payday loan. But before you take out a payday loan there is another option you should be aware of called salary loans. Salary loans are a rather new product that can be taken out at either your bank or credit union. Not all financial institutions offer it, but if they do you