Short Term Personal Loans

cash advance loans are very short term and generally are required to be paid in full up to 30 days. There is a small finance charge for the processing part of the loan and the pay back date is based on your next payday.



In some cases, you are able to extend the loan by paying the finance charges. This will allow you to borrow the same amount again for an additional 30 days. If possible however, do not extend it or continually borrow against your next pay check because this is how your payday lender makes big money.



As this loan can cost you the fee plus all the interest as well, make sure you pay the loan off in full as soon as you can. Never rely on payday advances for day to day living expenses or even use them as regular long-term lending sources.

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