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Below you can read general information about payday loans and their common features.
A payday loan is an unsecured loan — typically $100 to $1,000 — that's must be paid off + interest as soon as you get your next paycheck. Lending periods typically do not exceed 4 weeks.
Payday loans may be an easy and fast solution to a short-term problem in Salem, New York. Loans from payday lenders can get you cash same day. Your APR will depend on several things.
25% small loan cap
Having a low credit score automatically disqualifies people from getting a bank loan. Payday loans give consumers with a bad credit history an increased chance to get approved for short-term loans. A payday loan may be the only option available for some clients to help them deal with unexpected problems. If you take out such a loan, it is important that you always borrow within your opportunities and pay back your loan commitments in a timely manner.
To get accepted for a loan, you need to comply with the following eligibility criteria: