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Online Cash Advances and Payday Loans

Written By Unknown on Tuesday, May 7, 2013 | 10:25 PM


The term cash advance can refer to a loan given against a prearranged line of credit like a credit card, but is also commonly used to refer to payday loans, payday advances and paycheck advances. An online payday loan, or online cash advance, is a short-term loan, usually varying between $100 and $1,500. These loans are generally used to cover the borrower's expenses until his or her next payday. When an emergency financial situation arises, a cash advance can help a borrower avoid unnecessary late fees and collection companies. Whether you're running behind on credit card payments, or simply need extra money until your next paycheck, a payday loan provides flexibility and financial freedom.

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