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Now you can review general features of payday loans.
A payday loan is a short-term, small loan ($100 - $1,000) that you pay off once you receive your next paycheck, typically two to four weeks.
Cash advance loans may seem like an easy and speedy solution to a short-term problem in Springfield, Massachusetts. Loans from payday lenders can get you funds within a few hours. Your APR will depend on a few factors.
23% small loan cap
Having a bad credit score automatically disqualifies you from getting a bank loan. Payday loans give consumers with a poor credit score an increased opportunity to get approved for such loans. A payday loan may be the only financial product available for some clients to help them cover urgent expenses. If you take out such a loan, it is important that you always borrow within your needs and repay your loan commitments in good time.
To get approved for a loan, you must comply with the following requirements: