Posted: 20 Aug 2009 12:07 AM PDT
Payday loans are small short term loans that don't require any security or collateral. It is based solely on the borrower's current financial situation. A payday loan borrower has to qualify for the loan as lender offers the loan to those who are earning a monthly income of £800 with regular employment. Moreover, the borrower must have active bank account that has been opened at least ninety days back. No big deal for some, but for those who are just a short time from payday, the costs of paying for utility re-connects far outweigh the cost of most payday loans. So, why not just kite a check? Now you are facing the possibility of the check bouncing and having to pay the bounce fees.
Posted: 20 Aug 2009 12:00 AM PDT
Cash advance is loan that is intended to cover the borrower's short term financial needs and are usually repaid upon the receipt of the borrower's next paycheck or funds, whatever comes first. Short term needs are usually defined as emergency situations that call for immediate, on-hand cash. Since debit and checking accounts can sometimes be time-consuming or even unavailable, cash obtained through the use of a credit card appears to be the most plausible solution hence the birth of the cash advance loans companies.
Ever want to have an instant cash advance come and visit www.pacificadvance.com. Instant cash loans to your preferred bank account within 24 hours after applying. Check the necessary pre-approval boxes and your good to go to the next step.
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