Short Term Loan

If something happened and you need a small amount of money to help you make it until your next payday, a payday advance might be exactly what you need. A payday advance is a short term loan that is generally for amounts under $1,500.

Unlike regular loans, you can’t repay a payday advance in monthly payments. The amount that you borrowed, plus any charges and fees has to be repaid in one payment when you get your next pay check. For this reason, you should always be very careful about the amount of your payday loan.

Obtaining a payday loan is a simple process that can have you receiving the money very quickly. The money is usually deposited into a bank account and is available by the next day, in some cases it may be available after only around 30 minutes to an hour.
The fees and rates will vary from one lender to another, so it’s always a good idea to shop around for the competitive price. The length of time it takes for loan approval and for your money to be in your account will vary to. Just make sure that you get all of the details before you choose the company that you wish to use.

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