What Is A Payday Advance?
A payday advance is a short term loan that people can get when they need money now. These small loans usually come in amounts between $100 and $1500 and can be applied for in person, through fax or online. The loans usually span over a two week period or until your next paycheck.
How Does A Payday Advance Work?
Getting a loan is pretty simple. First you need to find a payday loan lender. This can be done by going to a physical store or searching online. Many people tend to search online since it can be done quickly and you can get your money through direct deposit. In the past you actually had to fax over you information to qualify for a loan but now you can actually get a no fax payday advance! After you have found a company to apply for a loan through you have to complete their application. Your application is then sent through an approval process. If you are approve you can get your money in one hour or less.
From there you have the ability to choose your payment plan. You can pay everything back in one lump sum or pay it back over time in smaller amount. These are known as flexible payment plans. They allow you to pay things out over time but also come with a small amount of increased interest. Here at Payday Loans Central we specialize in low interest payday loans.
Why Get A Payday Loan Online?
When getting a payday advance, getting it online can actually be your best option. First, you get to work with payday loans lenders who work with multiple banks. This allows you to get the lowest interest rate possible and to get a loan with no credit check or have to fax anything in. It is by far the easiest and fast way to get a cash advance.
Cash loan lenders also offer special promotions around holidays. We find that people often need money around Christmas, Valentines Day and other holidays. We work with banks to get extra low interest rates during these time periods. That way you get to keep more money in your wallet and do not have to pay everything back to the payday loan lender. So no matter what you need money for, if you need a payday advance then we can help! Simply click on the big yellow button above and fill out our loan application. The entire process takes less then an hour and you can get up to $1500!