2019-11-08
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The previous three items charactirize a peculiar lending service. But below you can read general data about payday loans.
A payday loan is a short-term, small loan ($100 - $1,000) that you repay once you get your next paycheck, typically two to four weeks.
It is simple and speedy to get accepted for payday loans in Leesburg, New Jersey. The APR will be set individually for each applicant and will depend on the personal data the applicant entered.
30% usury cap
A low credit score doesn't have to prevent you from applying for payday loans. They are one of the few easy loan products offered to consumers with a bad credit rating. Payday loan approvals depend very much on specific factors. Payday companies will look at your income and subtract all your expenses. Typically, your score won’t be damaged by a payday loan, as long as you repay it in full and without delays.
To get accepted for a payday loan, you need to comply with the following eligibility criteria:
If you want to find out the real APR of the loan before applying, you can use the online calculator. It will help you determine the exact cost of the cash advance 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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