November 30, 2012
How do I take out a payday loan?
Applying for a payday loan can be a simple, stress-free process?as long as you go about it in the right way. In the next few minutes, you?ll learn about some payday loan options available to you and the basic steps you?ll need to take to quickly and easily get the money you need without any hassle.
We?ll provide answers to the following questions:
- What is a payday loan?
- How do I choose a reputable payday lender?
- What are the requirements for applying online?
- What Information will I need?
- How do I fill out the application?
- What happens after the application?
- How does the repayment process work?
What is a payday loan?
The amount of the loan and fees varies depending on your state and payday lender:
- Small loan amounts
- Fee per $100 borrowed
- Borrowed until your next payday
A payday loan is a short-term loan of small amount that is borrowed for a fee and repaid by the next payday. Payday loans are not designed to be long-term financial solutions and should not be used as such.
Source: http://www.cashnetusa.com/blog/how-to-apply-for-a-payday-loan-part-1/
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