How Payday Loan Works
Payday Loans, also refered as paycheck advance, cash advance loans, or payday advance, is a short-term loan to cover the borrower's expenses until his or her next paycheck day. Usually Payday Loans are between $100 up to $1,500. Lender will electronically deposit the money into your checking or savings account. When the payday loan is due, your cash advance fees are automatically deducted from your checkings or savings account by the lender.
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