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What is a Payday Loan. A payday loan is a short-term loan to cover your spending needs. It is secured against your future paycheck.
Once you submit your information, you will be redirected to the lender's website where you can review the terms of the loan, including details about all cash advance metrobank femme applicable rates and fees.
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If you do not have a bank account at the moment, you can set one up and go through the process at a later date. Generally, you will need to have a bank account with some history (preferably without bank charges etc), so you might need cash advance metrobank femme wait a little while before submitting your information if the account is new.
Note that repayment is an automatic process so be sure to have the funds in your account at least a day before the due date. Most importantly you must have a regular source of income. This does cash advance metrobank femme necessarily need to be employment, but the lender must be able to see that you have the means to repay the loan within the required amount of time. Most lenders require a monthly income of at least 1,000, which is well within the range of most people who work full time.
Accepting your loan. Once you find out whether or not the lender has accepted your application for a loan, you can start reading the terms so you are fully aware of your obligation.
By law lenders must give you access to the terms before you sign the contract.