2000-04-21
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Below you can read general information about payday loans and their common characteristics.
A payday loan is a short-term loan that can help you cover emergency money needs until you get your next paycheck. Available amounts typically range from $100 to $1,000.
It is easy and speedy to get accepted for payday loans in Mcalester, Oklahoma. The APR will be set specifically for each client and will depend on the personal data the applicant filled in.
207% APR (17% monthly)
$1,500
60 days (2 months)
365 days (12 months)
Having a low credit score automatically disqualifies you from getting a bank loan. Payday loans give borrowers with a bad credit score an increased chance to get approved for short-term loans. A payday loan may be the only option available for some individuals to help them out of fix. 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 approved for a payday loan, you need to comply with the following requirements: