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Below you can read general information about payday loans and their common features.
A payday loan is a short-term, small loan ($100 - $1,000) that you repay once you receive your next paycheck, typically two to four weeks.
It is hassle-free and fast to get accepted for payday loans in Gloucester, Massachusetts. The interest rate will be set specifically for each consumer and will depend on the personal details the person provided.
23% small loan cap
Having a low credit score automatically disqualifies people from getting a bank loan. Payday loans give borrowers with a poor credit score an increased opportunity to get accepted for payday loans. A payday loan may be the only loan available for some clients to help them cover urgent expenses. If you take out such a loan, it is relevant that you always borrow within your capabilities and pay off your loan commitments in good time.
To get accepted for a payday loan, you must comply with the following eligibility criteria: