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Below you can review general information about payday loans and their common characteristics.
A payday loan is a short-term, small loan ($100 - $1,000) that you repay once you get your next paycheck, typically two to four weeks.
Payday loans in Brewton, Alabama is are simple to get. The APR is specific for each person and depends on several aspects: age, income, loan amount needed, loan term, credit score, etc.
Having a low credit score automatically disqualifies applicants from getting a bank loan. Payday loans give borrowers with a poor credit rating an increased opportunity to get accepted for such loans. A payday loan may be the only loan available for some borrowers to help them deal with unexpected problems. If you take out such a loan, it is important that you always borrow within your budget and repay your loan commitments on time.
To get accepted for a payday loan, you need to comply with the following requirements: