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Cheap Payday Loans expect nothing from the customer. You need to have an active checking account. Once the loan is approved the cash gets credited in to your bank account without any hassles. You should also be above the age group of 18, with a regular and a stable income. Though such loans are easy to apply and obtain it always carries a high rate of interest. These loans are always characterized by a high rate of interest. However there are some lenders who do offer reasonable rate of interest to customers. Loan amount may vary from $100 to $1500 which has to be repaid in the short speculated time given by the lender. Repayment has to be made either through post dated checks or by transferring the loan amount with the rat of interest from the borrower to the lender electronically. Another important aspect of this loan is that you need not have a good credit history in order to apply for such loans.
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