The direct payday lenders offer a quick and simple solution to everyday cash flow problems. Payday loans are very useful to tide over a shortage of cash flow when you are just a few days away from your payday and you don't want to trouble your friends or family for some cash. Designed as short term loans for small amounts ranging between $100 and $1500, the loan must be repaid on your next payday. The only disadvantage of such a loan is the high rate of interest charged. But taking into account the speed in which you can get cash into your hands a payday loan is well worth the interest you will be paying. Since the interest rate charged is on an annual basis, the few days for which the interest is calculated is negligible. Check around for a trustworthy lender and submit the application online. Approved in minutes your cash advance is on its way and you can take care of your financial problem immediately.

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