A pay day loan, also known as a payday advance or a cash advance, is a loan that you take out against your next check. When you apply and receive one of these loans, you have until your next payday to come in and pay it off. Millions of people now use these loans to cover the bills and expenses they face between checks.
How Long Do You Have to Pay Off a Loan?
One question that many borrowers have before they apply is how much time they have to pay off their loans. Many companies will look at your pay schedule and then require that you pay back the loan and any interest when you get your next check. We understand that you might have that cash earmarked for other bills like your mortgage or water bill, which is why we give you the freedom to pick your repayment terms. Some of our borrowers come in the following week and pay off their loans because they needed just a little extra help. Other borrowers take weeks or even months to pay us back. We work with you to decide on the best repayment plan for your unique situation.
How Much Can You Borrow at One Time?
Borrowers often turn to use because they need a small amount of cash and cannot go through a bank. Even if you have a good credit score and an account with a local bank, that bank will generally not loan out smaller amounts. It may even limit you to loans unless you want to buy a new car or home. With our loans, we will base your amount on factors like the amount you bring home with each check and your total expenses without pulling your credit report. Some borrowers take out loans in amounts as little as $50, but others borrow thousands of dollars at one time. We can often get that cash to you the same day that you apply or by the next business day.
How Can You Apply for a Loan?
Thanks to the online application available at Money4UPayDayLoans.com, you can now apply for a pay day advance online in minutes. This application asks for your full name, phone number, email address, location you want to work with and the size of the loan you want. Once you apply, we’ll contact you about the length of your loan and the interest charged on your payday loan. You can borrow up to $500 and pay only $14 in interest, though the rate depends on both the size and duration of your loan. We can even deposit the loan right into your bank account. When you apply today, you’ll find out in minutes if you qualify for one of our loans to help you between paychecks.
At Money4UPayDayLoans.com, you can get all the money you need between paychecks in less time than you ever expected. Visit our site to learn more about the payday loan process and to fill out our online application for a payday advance.
About the Author:
Mr. Money Mike is the owner of Money4YouPayDayLoans.com in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feel ever since.