There is a multitude of reasons that you may want to obtain a small short term loan, otherwise known as a cash advance or payday loan. Many people can remember a time when they were short on funds and needed some emergency cash to tide them over until they received their next pay check. Maybe your car needs repairs, you are short on your rent, or you miscalculated on the amount of money you had in your bank account and you need money fast to avoid costly dishonour fees. Whatever the reason, receiving a short term loan like a payday advance can be invaluable in the event of a financial emergency or for no other reason than having some extra spending money.
A payday loan is usually in the amount of $100 to $1,000. In some cases, you can obtain this amount quickly if you are at least 18 years of age, have a steady source of verifiable income, have been at your place of employment for a set number of months, and have your pay check deposited directly into your bank account.
If you have bad credit or no credit, you may still be eligible for a payday advance. Some lending institutions do not perform credit checks if they believe the can recoup the loan amount plus fees...
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