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Many payday loan companies offer same day loans, but it’s important to only apply with a company that you fully understand. Make sure you know what fees you’re going to be expected to pay and what other requirements there might be for the loan before you sign any agreement, since this type of lending does carry a high interest rate.
Identify if your bank offers payday loans as well so you can compare all options at your disposal. By considering all alternatives, such as peer-to-peer lending or credit union loans , applying for a payday loan online can save time instead of going into a brick and mortar location. You should also determine whether you have an installment option available from your payday loan lender, since this will often be a more affordable option.
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