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There are many benefits which the instant cash loans offer. To start with, the application process is quite simple. There is no faxing of documents and you can borrow up to $1000 or even hire depending on your level of income. Nonetheless, you can apply for the loan online from the comfort of your office or home and arrange to present the lenders with any other documentation in case they are required. No credit checks required to apply for this type of loan. emergency loan for very bad credit The APR on a short term loan can range from 200% to 2,290% depending on how the APR is calculated (nominal vs. effective), the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan renewal actions, and other factors. Keep in mind that the APR range is not your finance charge and your finance charge will be disclosed later on in the loan request process. Do you have bad credit? Don’t worry the lenders we work with look at the entire picture. Plus, these smaller online loans often are geared towards people that have less than perfect credit. A payday loan is a great example that bad credit or good credit doesn’t matter as much as a traditional loan.
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