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Now you can review general aspects 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.
Payday loans in Brooklyn, New York is are simple to get. The interest rate is individual for each person and depends on several aspects: age, income, loan amount needed, loan term, credit score, etc.
25% small loan cap
If you have a bad credit history you may still get approved for a payday loan. Such loans are created to help meet the needs of consumers with bad credit scores. There are companies who may be happy to give you a payday loan even if you have a bad credit rating. You will need a steady income to apply for a bad credit payday loan.
To get accepted for a payday loan, you need to comply with the following requirements:
If you want to learn the real annual percentage rate of the loan before applying, you can use the online calculator. It will help you determine the real cost of the loan in a few minutes.
* Total Cost - The sum of money you are to pay off within the term you’ve chosen if you borrow the stated above amount for the average (or required by your lender) APR.
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