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Difference Between Cash Advance Loans and Payday Loans

DIFFERENCE Cash Advance Loans BETWEEN and Payday Loans BY DEFINITION... CASH ADVANCE LOANS PAYDAY LOANS A cash advance is generally associated with the sometimes embarrassing task of asking your employer for an advance on your salary to meet some unforeseen expense. A small loan with repayments that are aligned with the borrower's pay day. COSTS CASH ADVANCE PAYDAY LOANS LOANS BANK A credit card cash advance usually charges a fee of 1 to 4 percent of the amount advanced. Sometimes there might be a flat minimum fee. The fee to get a payday loan is usually about $15 per every $100 you borrow for two weeks. REPAYMENT SCHEDULE CASH ADVANCE LOANS PAYDAY LOANS MO You only have to pay the minimum credit card payment, which factors in the amount of the cash advance and any other draw on the line of credit. When you take out a payday loan, you must repay it in full very soon, usually within two weeks. If you cannot repay it, you must pay the charges again to roll over the loan for another two weeks. PRESENTED BY: SPEEDYMONEY Sources: http://www.speedymoney.com.au/Cash-Advance http://www.speedymoney.com.au/Payday-Loan http://enlightenme.com/cash-advance and-payday-loans/ http://www.ehow.com/info_8295698 difference-cash-advance payday-loan.html http://online-personal-loans-review.toptenreviews.com/the-differenice-between-payday-loans-and-cash-advances.html

Difference Between Cash Advance Loans and Payday Loans

shared by speedymoney00 on Mar 05
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Our responsible lending principles aim to ensure we offer you a loan with repayments you can afford. SpeedyMoney is committed to providing you with a hassle-free solution to your short-term borrowing ...

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