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A payday loan is a high-interest short-term loan. Usually, you repay them in a month, but some lenders offer payday loans for longer terms. Most people apply for payday loans online, with companies like Wonga, Satsuma or QuickQuid, but there are also some high-street stores that offer them.
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A Payday Loan is a 2 to 4 week short-term loan that is due on your next pay date. The amount you can borrow depends on your state. Payday Loans are used when a little extra cash is needed before your next paycheck.
A payday loan is a very short-term loan. That’s short-term, as in no more than a few weeks. They’re usually available through payday lenders operating out of storefronts, but some are now also operating online. They work best for people who need cash in a hurry.
It’s not a payday loan. It’s an installment loan, which means you pay down the principal with each on-time payment. Borrow $300 to $800 and pay us back a little at a time.
Payday loans are loans of typically $500 that you can get in most states by walking into a store with a valid ID, proof of income and a bank.