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The previous three items describe a precise lender. But below you can read general details about payday loans.
A payday loan is an unsecured loan — typically $100 to $1,000 — that's must be repaid + interest as soon as you get your next paycheck. Terms typically do not exceed 30 days.
Online payday loans can be the right solution to your temporary financial problems in El Paso , Illinois because they are easily approved and easily paid off. Your interest rate will depend on your state regulations or on the payday lender's policy.
404%*
$1,000 (or 25% of the gross monthly income)
13 days
120 days
A low credit score doesn't have to prevent you from applying for payday loans. They are one of the few unsecured loan products offered to individuals with a poor credit history. Payday loan approvals depend very much on other circumstances. Payday companies will check your income and subtract all your expenses. Usually, your score won’t be damaged by a payday loan, as long as you repay it in full and in a timely manner.
To get approved for a payday loan, you need to meet the following eligibility criteria: