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A payday loan or payday advance is a small, unsecured short-term loan ranging from $100 to $800 (depending on the state) offered by a payday lender, such as Check Into Cash. A payday loan is typically used as a cash advance until your next payday and can be considered as short term fast cash loans. They can be considered short term because they can be used to solve temporary cash-flow problems without bouncing a check with another merchant or incurring late payment penalties from other creditors. These types of loans help cover unexpected expenses that come up between paydays. They are means to get your hands on some cash, and quick!
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