Apply for cash quickly with an online payday loan at ACE Cash Express, a trusted short-term lender. You can apply for payday loans online with your smartphone, tablet or computer. These online loans are often used to cover unexpected expenses. They are usually repaid on the borrower's next payday.
However, some states allow loan extensions. When you apply for a payday advance, an online lender will review your personal information, including your income and bank account details. After verifying your identity, your payday loan lender can approve your loan application and finance your loan within 24 hours, as long as you meet certain requirements. An installment loan tends to be a longer loan that is paid in installments, while a payday loan is due the next payday.
Payday loans are short-term loans designed to help you cover utility bills, unexpected car repairs, and other emergency expenses for your next payday. The process of getting a payday advance can be quick and easy, as funds are deposited into your bank account in as little as 24 hours. If your next payday is 7 days or less (9 days if paid weekly or monthly), you can refund the next payday. In the case of a payday or signature loan, in certain cases, you can renew your loan by paying the additional fee to extend the loan due date until your next payday.
Payday loans are useful solutions for borrowers with less-than-perfect credit or for those who don't want to go through the hoop of a traditional bank loan, but before you get a payday loan, you should keep reading for an in-depth review of how these loans work and if they are suitable for your situation. Payday loans are short-term loans that are designed to help cover expenses until you pay them on your next payday.