A payday loan is a small, quick and easy way for people to receive a fast cash loan of $100 - $2500 to take care of short term cash needs. A payday loan is also known as a cash advance, paycheck loan, or payday advance. The money is electronically deposited to and repaid from your bank account on agreed upon dates to allow you the flexibility to handle those emergency cash situations such as unexpected medical bills, auto repairs or other short term cash needs.
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