Payday Loans and Cash Advances

See the following chart as an example:. Call the Department of Defense at How does a payday loan or cash advance loan work? Can I get a loan from a bank or credit union? At Express Loans Of America, our associates will help you find the best loan options for your financial needs.

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How do payday loans work?

Our Loan Process. A payday loan is a small dollar short-term advance used as an option to help a person with small, often unexpected expenses. Payday Loans are short-term in nature and not intended to be used long-term or for larger purchases like a home or a car. Is The Choice Loan Like a Payday Loan or Cash Advance? No, The Choice Loan is a type of installment loan or long-term loan. Unlike a payday loan or cash advance, The Choice Loan and our installment loans are long-term loans that allow you to pay back over several payments. A payday loan is a short-term loan for an unexpected expense typically due on your next payday. Applying is fast and secure. In a few simple steps, you can stretch your budget until your next payday by getting the cash you need now.

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How an online installment loan works

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