subject: Advance Till Payday- Urgent Money For Your Short Term Needs [print this page] Often salaried people face the shortage of money as they spend away the paycheck by the mid of the month. So, in any emergency they need advance till payday. They can easily get the required amount for any kind of emergency with short term loans. However, you must familiar with every aspect of loan before applying for it. The main feature of this loan that tempts you is its instant approval. It takes less than 24 hours to transfer the loan amount in your bank account. But with this you must have knowledge about its fee and interest. These loans are free from formalities. You dont need to fax any document to have approval.
Most common qualifications that one must posses in order to have approval for advance till payday are:
You must be 18 years or older.
You must have a stable job at the time of application.
You must hold an active bank account as most of the lender prefers the direct deposit.
You must have the nationality of US.
If you are able to fulfill all these conditions of lenders then you can receive amount from your checking account with in 24 hours. It is an instant approval scheme. These loans carry high interest rate. Typically for every $100, you need to pay 30 percent as interest. It means for every $100, $30 will be charged as interest. So, it is always advised to borrow money in extreme emergency.
Under this scheme your credit score will be given extra care. You will get money even with the poor credit score. Lenders are eager to know about your current income rather than your past credit score. With this scheme you can borrow up to $1500 for 2-3 weeks. Just make sure that you make the repayment before the due date.
by: Abell Bush
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