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According to the definition, payday loans are small short-termed loans which you can pay from your next payday. They are also known as cash advances as you get cash in your hand which you can return later on. They are given on the basis of your past and current payroll and employment information. Payday Loans Required to have a monthly income of at lease $1,000/month
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You might have heard many negative about installment loans as the interests charged on them often differ from state to state. For example, interest rate charged by a lender in Dallas will be different from the one charged in Washington DC. However, it is not a matter to worry, since legislation of the United States is constantly monitoring the annual percentage rate (APR) charged by different lending institutions from different states and has set limitation on how much a lender can charge as APR. Once you get you get your loan, make sure you make your payments on time to avoid late fees and to keep your credit rating strong. Has anyone ever heard the phrase "what have you done for me lately?". Do you have bad credit? Are you in need of a business or bad credit personal loan with an affordable interest rate and monthly payment? Don’t worry you are not alone. This economy has hit lots of Americans pretty hard. Since the economic crash of 2007, the credit scores of people all across the United States have suffered.
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