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500 Dollars Same Day Cash Loans
If an individual is having trouble paying his monthly obligations, an instant payday loan $500 could be the solution. A person can use the money for medical bills, car repairs or monthly bills. Borrowers can apply for a loan and have the money in their checking account before the day is complete.
The life of these short term loans normally ranges from 15 to 30 days, and the lender requires payment when the borrower receives the next paycheck. Cash loans can be found online, and no collateral is required. The application process only take minutes, and the money will be directly deposited into the checking account.
Even people with bad credit can be approved for a short term payday loan as no credit check is conducted. In addition, lenders require little to no paperwork. Borrowers will not be required to fax in any documents, and they can receive instant approval. Borrowers must have a checking account, and they need to be at least 18. In addition, lenders require that individuals have a steady source of income.
The interest rate on cash loans is a little higher than other types of loans; therefore, individuals should make sure they can repay the loan on time. If the borrower cannot pay back the loan, he could ask for the loan to be extended. However, additional fees could be charges; therefore, consumers should read the terms and conditions of the loan.
Cash loans can be found online for an affordable rate. Therefore, borrowers should search online to find the best rate. Lenders are very competitive, so individuals should shop around before applying for a loan.
500 dollars short term loans provide emergency cash, so individuals can pay any expenses that occur. It is a temporary solution, but it can alleviate a person’s anxiety and stress level.