2001-03-28
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The previous three items charactirize a specific financial institution. But below you can read general data about payday loans.
Payday loans are short-term loans originally invented to tide people over until payday. You can typically borrow from $100 to $1,000.
Payday loans may be an easy and fast solution to a short-term problem in El Paso, Illinois. Loans from payday lenders can get you cash quickly. Your APR will depend on several things.
404%*
$1,000 (or 25% of the gross monthly income)
13 days
120 days
If you have a bad credit rating you may still get a payday loan. Such loans are created to help meet the needs of consumers with lower credit scores. There are lenders who may be willing to give you a payday loan even if you have a poor credit rating. You will need a stable income to be eligible for a bad credit payday loan.
To get accepted for a cash advance, you have to meet the following eligibility criteria: