A payday Loan is a short term cash loan that doesn't include all the strict requirements that a traditional bank loan has. Payday Advances are quick, easy and convenient so consumers can address short term and immediate financial needs, like emergency home or auto repairs, unexpected medical bills, or in times where you're falling just a bit short on your budget before next payday. A payday loan is a type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
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