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Feb 6

Flexible Payment Plans For Payday Advances

When getting a payday advance, there are so many options available. There are hundreds of websites available and hundreds of lenders. Who do you trust? Which payday loan website is one that actually gives you low interest rates? It can be a tough and stressful situation to figure out who you should get a short term loan from.

One of the reasons you are looking for a payday loan is because you need money quickly. That can be stressful enough. Payday Loans Central tried to make our process as easy and simple as we could. We only make you fill out a short form and do the rest of the work for you. We connect you with loan lending companies and work to get the lowest interest rates possible. We are always adding and subtracting loan lending companies to make sure we provide you with the best experience possible. Our customers are at the heart and sole of our business, so we try to take care of you!

Flexible Payment Plans

One area that we feel is a big help to our customers is the use of flexible payment plans. One thing we hope all of our loan lending companies we work with is that they offer flexible payment plans. It is important to note that not all lenders offer payment installment options and not everyone can qualify for these types of payment models. In order to qualify for flexible payment options you must be approved by the loan lenders.

What are flexible payment plans?

These types of payment plans allow you to pay back your payday loan over time. Standard procedure is that you pay back your short term loan within two weeks and pay it back in one lump sum. By utilizing a payment plan, you can pay back the loan in smaller amounts and over a longer period of time. This is type of system can be used for those who are struggling with their finances at the time of the loan.

Remember, not all of our lenders offer this feature and it is up to you to work with the lending companies to figure out what type of payment plan you will use. We just help you connect with short term loan lending companies and do not process the loans. But if you do have more questions regarding payment plans you can check out our blog and do some more research!