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What You Need To Know About Payday Loans
A payday loan is a short-term loan that you take out to cover unexpected expenses. The loan term is usually between 2-4 weeks and is meant to be repaid with your next paycheck. Once the due date comes, your lender will attempt to deduct the loan principal plus interest from your bank account.
The maximum loan amount is $1,000 but can vary greatly between states. These loans are usually easy to get, have very few requirements, need no collateral, and can be used for just about anything.
Find a Payday Loan Lender Near You
If you need cash as soon as possible, consider applying in person instead of online. If approved, you will get your money almost immediately. Please find the list of states below to find the nearest payday loan storefront.