What are payday loans?
Also known as payday advance, paycheck advance or paycheck loan among other terms, a payday loan is a small, short term unsecured loan intended to take care of emergency or unexpected expenses until payday.
How do payday loans work?
You apply online or at a payday loan store by filling out simple application forms. Once approved, which is almost guaranteed if you meet certain minimal requirements, you sign an agreement. Some lending companies require a signed check
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