2012-09-25
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Now you can read general characteristics of payday loans.
A payday loan is a small, short-term loan that's meant to be paid off with the borrower's next paycheck. Amounts typically range from $100 to $1,000.
Online payday loans can be the right solution to your unexpected financial troubles in Wetumka , Oklahoma because they are easily approved and easily paid off. Your interest rate will depend on your state regulations or on the company's policy.
207% APR (17% monthly)
$1,500
60 days (2 months)
365 days (12 months)
Having a low credit score automatically disqualifies consumers from getting a bank loan. Payday loans give consumers with a bad credit history an increased opportunity to get approved for short-term loans. A payday loan may be the only financial product available for some individuals to help them cover urgent expenses. If you take out such a loan, it is important that you always borrow within your means and pay off your loan commitments as agreed in the contract.
To get approved for a cash advance, you must meet the following eligibility criteria: