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What is a payday loan?

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What is a payday loan?

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A payday loan is a small, unsecured, high interest, short-term cash loan. In most cases, consumers write a post-dated, personal check for the advance amount, plus a fee. The lender holds the check for the loan period and then deposits it, or the customer returns with cash to reclaim the check.

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A payday loan is a short-term loan repayable on your next payday. It provides you with a way to get cash in an emergency situation. Payday loans work as a cash advance given against your salary and help in working around the problem of meeting unpredictable emergency expenses.

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A Payday Loan (or a Cash Advance Loan) is a short term Personal Loan that is repaid with a preauthorized electronic withdrawal for your bank account on your next payday.

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We can help bridge the gap between now and payday. Loans don’t have to be for large amounts – when unexpected costs crop up before payday, loans of between £50 and £500 can make all the difference. Taylor Marketing (Ely) Ltd t/as Buffaloan is a sensible source of pre-payday cash. Loan applications can be completed online, and we can give you a decision in principle within minutes. With Taylor Marketing (Ely) Ltd t/as Buffaloan, having a bad credit history may not exclude you from getting a loan to help you manage until payday – loan decisions at Taylor Marketing (Ely) Ltd t/as Buffaloan are based on your current circumstances. But as a responsible lender, we will not offer a loan that we believe you will have difficulty repaying. When you need pre-payday cash, loans from Taylor Marketing (Ely) Ltd t/as Buffaloan offer a straightforward solution.

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A payday loan is a quick and simple way to obtain a short term loan that provides a sensible alternative to costly bounced checks, late payment charges and tarnished credit ratings. Is my payday loan secure and confidential? We handle applications on our secure SSL server, utilizing the industry highest standard. What are the requirements to apply for a cash advance? • Make a minimum of $1,000 (after taxes) salary per month or $800 on fixed income • Be employed full time at the same job for a minimum of 3 months • Be 18 years of age and a USA citizen. • Have an active checking account in. What if I have no credit history or bad credit? Bad Credit, No Credit, No Problem. Unlike many financial institutions that require you to have good credit, a payday loan is an option for people with no or bad credit. Your credit is not checked through the major credit bureaus, but most lenders use TeleCheck, TeleTrack, and SCAN which are NSF and closed account check reporting services. How soon can I

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