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There are lots of different terms. Do they all mean the same thing?

different lots mean terms thing
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There are lots of different terms. Do they all mean the same thing?

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A. All the terms mean the same thing. Pay day loan is also known as paycheck loan, fast loan, bad credit loan, cash advance, fast cash, deferred deposit, short term loan, cash loan, payday advance, and the like. They all mean a short term loan that is processed quickly.

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