A Payday Loan is a short-term unsecured cash loan sometimes referred to as a cash advance. 
It is called a Payday Loan because it relies on the borrowers payroll and employment 
status. As a rule the borrower will apply for just enough to get to the next paycheck when 
the balance and fee payment is due. Payday loans shouldnt be used as a long-term solution 
to financial problems. Instead, Payday/Cash Advance Loans should be used as a short-term 
help to get you to your next payday.

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