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Welcome to Instant Cash Loan The federal Truth in Lending Act treats payday loans like other types of credit: the lenders must disclose the cost of the loan. Payday lenders must give you the finance charge (a dollar amount) and the annual percentage rate (APR â the cost of credit on a yearly basis) in writing before you sign for the loan. The APR is based on several things, including the amount you borrow, the interest rate and credit costs youâre being charged, and the length of your loan. Click Here to Apply for Fast Cash at 100 Day Loans We're Here When You Feel The Need For Speed
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When Pay Day Loans Become the Right Option? That being said, as always there will be consequences for any no credit check personal loan that has been unattended or poorly monitored. It is true that you can use these type of loans to take care of emergencies or any pressing matter like for instance you can get the money just to save your car out of hock and for you to go back to work however. When applying for a bank loan with bad credit it is pertinent that you discuss your situation with the loan officer upfront. The chances that they can help you secure a bank loan will greatly improve if they know in advance that you are aware of your bad credit mistakes and that you have learned your lesson and desire a second chance. But there is an option available to help people just like you. A payday advance loan can be a real life-saver when you find yourself needing immediate cash funds. Unlike a traditional loan from a bank or credit union, a payday advance loan is quick, easy, and safe.
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