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What is a same day payday loan?

Updated: 9/20/2023
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12y ago

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A same day pay day loan is a loan that you pay back on your next pay day. Its usually not more than what you would make on the next payday either. 'Same day' means that the person can get the loan approved and cash at hand on the same day they apply.

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Q: What is a same day payday loan?
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Related questions

Where can one apply for a same day pay day loan?

There are several online websites which provide information about same day payday loans. Pick the Loan, Brick Loans, Same Day Payday Loan, Quicker Cash, Advance America and ACE Cash Express are online sources where one can apply for a same day payday loan.


What is the average interest rate on same day payday loans?

The average interest rate on a same day payday loan can be over 900 % for a one week loan, over 400 % for a two week loan and 200 % for a one month loan.


What are the names of some of the popular Payday Loan companies?

There are several loan companies that offer a payday type of loan. For example, Wonga, Pay Day UK and Pay Day Ninja are all offering a payday loan service.


What are the requirements of same day payday loans?

The requirements of same day payday loans are , you must be at least eighteen years of age and have a job. You also need a bank account. If the loan is approved, it can be in your bank account that same day.


What do you call a pay day loan that is quick?

A payday loan that is quick would most likely be called a "same day payday loan". These types of loans are becoming more popular as people acquire more debt and they are usually approved within hours.


How do you apply for cash until payday?

A cash till payday loan can get you fast money by advancing your next payday to the day you apply. Then your cash till payday loan get you the cash till payday ...


Is payday lending the same as a payday loan?

Yes, payday lending is the exact same as a payday loan, but sometimes people call it different things. It is for those who need a very short term loan until they get paid at work, at which point they pay the loan back. This usually comes with a high interest.


What's the highest amount given for a same day payday loan?

Payday loans can be obtained from the many payday loan stores around the country. Consult the local Yellow Pages for the nearest store. Loans are usually charged a high rated of interest.


Where is the best place to get a same day payday loan?

The best and easiest place to get a same day payday loan would be online. There are new websites springing up all the time which provide very fast approval times for such loans. Websites such as Wonga, Payday Loans and Monkey Dosh. Be warned however, the interest rates will be very high.


Where can you get 28 day payday loan?

For payday loans in UKhttp://www.ukquickloans.co.ukhttp://www.nofaxpayday.co.ukhttp://www.britainfastloans.co.ukhttp://www.fastestcash.co.uk


What information do you need to present to get a same day payday loan?

You will need to present a valid identification card (passport or drivers license) and a valid pay stub and checking account statement. This is to ensure you will not default on your payday loan.


What are Same day payday loans?

These are one of the fastest payday loans in which the loan application got the approval the same day when you apply for it. Since it is a payday loan, the lenders don't go through those lengthy paper process and one can get online funds through it. The money is directly transferred in the Bank account of the applicant. These are repaid with in 30 days. - Be advised they charge exceptionally high interest rates on any loan