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exactly What Is a payday loan?
A quick payday loan is a straightforward deal where an approved applicant gets anywhere from $100 to $1,000, frequently in 1 working day after approval, and it is agreeing to cover the loan back on the next pay date. It’s usually in 2-3 monthsвЂ™ time. Pay day loans are typically a transaction that is fee-based on the total amount of the loan supplied.