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www.SantaBonus.com Promo Code A payday loan is actually a short-term advance loan that should be repaid on your next payday. However, several online lenders have modified the repayment intends to support 3 and 5 cycle repayment as well, providing you more options to select from. Online payday loans do not require credit report checks along with the basic eligibility criteria for loan approval are:
- You must have a steady income source: This assures the payday lender you are able to repaying the borrowed funds amount. - You must have an active banking account with debit card: This enables the bank to directly deposit the loan into the account, saving you trips towards the bank. - You must be over 18 years old and a resident of the UK
All in the above conditions are verified using a 2 minute online application, which is completely secure and confidential. Once an approval decision has been given, you'll be required to sign an internet agreement with the bank, detailing a person's eye amount, along with your repayment plan. All this really is done entirely online, without the need for faxes and other documentation. Once you accept their fine print, the payday lender will transfer the funds for your current checking account within a few hours.
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