What is a payday advance?
A payday advance is a short term loan. Frequently these are referred to as “payday advances” because they are often repaid after you receive your next paycheck or benefits check.
They actually have nothing to do with your employer. It’s just a loan made for a short period of time usually 10 – 45 days.
How payday advances work
With a payday advance a source of income, such as a job, social security, disability income or other source of income takes the place of your credit. No credit check is needed.
You apply for a payday advance by providing basic information such as:
Beginning with the date you selected (your next pay date) the minimum required payment contained in your loan details, will be deducted directly from your checking account.
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