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SERVICES LIST
What you will learn with this book
These loans provide a quick infusion of cash to cover immediate expenses until your next paycheck arrives. With relatively small loan amounts and short repayment periods, usually a few weeks, they offer a temporary solution for unexpected bills or cash shortfalls.
Similar to short-term cash loans, payday advances are designed to bridge the gap between paydays. You can borrow a portion of your upcoming paycheck and repay the advance, plus fees and interest, when you receive your next paycheck.
A cash advance allows you to borrow money against your credit card's available balance. Payday lenders may offer this service, providing you with immediate cash in exchange for fees and the promise to repay the advance from your next paycheck.
For those who own a vehicle outright, title loans allow you to use your vehicle's title as collateral for a short-term loan. The lender holds onto your title until the loan, plus interest and fees, is repaid.
Unlike single-payment payday loans, installment loans from payday lenders are repaid over a longer period through scheduled installments. This can make larger loan amounts more manageable but also increases the overall interest paid.
Many payday lenders offer check cashing services, allowing you to cash personal, payroll, government, or other types of checks for a fee, providing instant access to those funds.
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