Why Payday Loans?

Published on May 11th, 2014

When people take out loans, they fully intend to pay it back in time. However, this unfortunately isn’t always the case. For people in a financial bind, quick payday loans are a great solution.

Almost anybody who needs a smaller amount of money to cover for a short period of time can be approved for a payday loan. Here are just three of the reasons these loans are a good choice when you need cash ASAP:

  1. QUALIFIERS — The only thing you need to be approved is a bank account, proof of steady income and a completed easy application. These loans are perfect for those who have poor credit history or no credit at all. At Short Term Loans, our lenders don;t do a credit check or hold your history against you.
  2. SPEED — Payday loans get their name for a reason. The loans are processed quickly and will cover you until your next pay day. With our fast and easy online loan application, your money will be put in your bank account the next business day!
  3. AMOUNTS — Why take out thousands of dollars when you only need a couple hundred? Payday loans will be your best solution, giving you several hundreds of dollars to make necessary payments until you receive your next paycheck.

While payday loans are more convenient and more manageable to pay back, keep in mind that you should still be paying them back on time, or interest will build, causing you to owe much more down the road.

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