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What are payday loans online?
Payday loans are small loans, offered online for a short period, usually until the borrower’s upcoming pay day. They are also called short-term loans. Although the borrowed amount might be small, the overall sum that the borrower needs to repay might be large because of high APR.
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Our website is open 24/7, 365 days. We make online loans fast despite good or bad credit. Lenders inform about approval on the same day you apply.
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Request a loan through our service at no cost. Review the offer before accepting it. If you don’t agree with terms, cancel the loan offer for free.
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Online payday loans essential features:
Quick and easy to access. Payday loans are created to tide up urgent borrowers’ needs. This is a useful online tool for handling cash flow on a short term. It is an advance on the upcoming regular check.
Amount up to $1,000. The loan amount varies between $50 and $1,000, based on borrower’s residence, credit score, and income.
Costly. Payday loans are an expensive way to borrow, preferred by people with bad credit or no credit.
Direct debit to borrower’s account. Lenders ask the borrower to write a post-dated check for the borrowed amount or make direct debit. It entitles them to take what the borrower owes plus fees, directly from the bank account.
Repaid once in full. On the due day, the lender withdraws loan principal plus interest fees.
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