What Is a Payday Loan :-
A payday loan is a type of short-term borrowing where a lender will extend high interest credit based on your income. Its principal is typically a portion of your next paycheck. Payday loans charge high interest rates for short-term immediate credit.
 
Interest On Pay Day Loan :-
Payday lenders usually charge interest of $15-$20 for every $100 borrowed. Calculated on an annual percentage rate basis (APR).
 
 
What are Online Payday Loans :-
Online payday loans are short-term, small-principal loans that you can apply for using your mobile device or computer. They are often used to take care of surprise expenses and are usually repaid upon a borrower's next payday, although some states allow loan extensions.
 
 
Eligibility Criteria for Payday Loans :-
While the requirements to apply for this loan vary from lender to lender, there are a few common eligibility criteria that should be fulfilled no matter the lender. 

The borrower must be a minimum of 18 years of age.
The individual must have a regular source of income with a full-time employment.
The borrower must have an active current account.
The applicant must have all the required documents to apply for this loan.
The customer must have an active phone number.

  
Instant Payday Loan :-
Instant and quick fix to your cash shortfalls anytime during the month. Manage emergencies and cash crunch with ease with Payday loans.
 
 
Other benefits of Payday Loans:
- Great for people who need express loan services.
- Fast cash payout for emergency fund.
- Install it now and use it whenever you need advance loan.
- Get fresh cash for any needs quickly.
- Fresh app design and look.
 
A representative example of the total cost of the loan, including all applicable fees: If you borrow $1,000 over a term of 1 year with an APR of 10% and a fee of 3%, you will pay $94.16 each month. The total amount payable will be of $1,130, with total interest of $130.
 
 
**Our service is not a lender and does not issue loans. All lenders who are compared have a corresponding license of a credit institution.