How does getting a payday loan work?
1. Filling the Application Form: Applicants will begin the process by filling out the online application form provided by the lender. Once submitted, your application is reviewed and amount is automatically deposited in your account. You are notified either by phone or email regarding your status. 2. Getting funds in your account: If your payday loan is approved, you will receive the funds the next business day. The amount you need is directly deposited into your current or active account. 3. Repayment of the fund: You have to pay the amount back on your next payday. Your cash advance plus fees are automatically deducted from your bank account on due date or the date mentioned in the application form. 4. Extension of repayment period: If you can not pay the amount on your due date then you are supposed to inform your lender three days prior to the due date and you can ask to extend the payment period. Getting online payday loan is as easy as you never thought!
