What is the time period for paying off a Bad Credit Payday Loan?
Generally, the timeframe to pay off a Bad Credit Payday Loan is 14 days, or when you receive your next paycheck. If you need more time in order to pay off the loan, there are a couple of options, which are loans of 21 days or 28 days. In cases such as these, the fees that the lenders charge for the loans will be higher. If, for whatever reason, you are not able to pay off the Payday Loan in full, most lenders will allow you to pay off the loan’s fee. If this is the case, you will have to pay an additional finance fee and must pay off the loan within 14 days. There are specific repayment guidelines for every Payday lender. Are Bad Credit Payday Loans available to everyone? Bad credit loans are available to everyone who can meet some basic requirements. The requirements are: the individual must be at least 18 years of age, a citizen of the United States, have steady employment, an income of at least $1,000 per month, and have a checking account. Interest Rates for Bad Credit Payday Loans
