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All that you need to know about Payday Loan

All that you need to know about Payday Loan

What is a payday loan? If short-term liquidity is your problem and you are solely dependent on your paycheck, then well, payday loans can be one option to bridge the gap. These are short-term loans that help you tide over your cash needs until you receive your paycheck. Typically you have to provide a post-dated check to the lender who will encash it once money gets credited to your bank account. They are very high-cost loans generally taken for a…

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