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Everyone needs a little security from time to time, something, let's say, under their hat for a rainy day. With the economy being how it is however and the price of everything from gas to clothing going up, it is hard to save. The question then is, is there an alternative plan? The answer is yes and it's called an online payday loan online.

Whether it is for an emergency or because the old car finally died, a payday loan online can be your ace in the hole during hard times
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Payday loans are easy to obtain and because of the way that they are set up, are easy to pay back. The way the basic payday loan works is that the borrower fills out an application for a certain amount of cash, the limits are usually in the neighborhood of $100-$500. Once approved the borrower would write a post dated check to the lender. For instance if you borrow $100, you would write the payday loan store a check for $100 plus fees that would be cashed or put through the banking system on your next payday, hence the name payday loan.

 It doesn't matter if you have bad credit. You are providing the lender with a post dated check so your credit isn't an issue. These loans began about the mid 1990's and have blossomed into a thriving industry. Now however you can follow this process over the internet. The process is still the same however you would use an e-check, a check process through your bank or you would have to have direct deposit instigated with your bank and you'd sign a wavier allowing the lender to take the money back out of the account on your next payday
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