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In the complex circle of life, we have to be prepared for all emergencies. In case of financial problem, money should be readily available to handle the mess. Crisis management becomes easier, with money made available within a day or even in some hours. No wonder everyone wants a short term payday loan in their times of need.

Types Of Fast Cash Payday Loans

Faxless payday loan - As the name suggests, for getting the loan, a person needn't fax any documents. The thought behind this short term payday loan is that one can obtain the required sum without any personal meeting. The only criterion to qualify is that one should have been in his current job for more than three months, and should have an active bank account. Having a bank account is necessary as one gets the needed amount directly in the account. The unique feature of this type of fast cash offer is that the maximum limit of money approved depends on the person's income and while applying for it, one should state the income. A false number will not help as your employer will confirm the income, and any lies can lead to the cancellation of your short term payday loan.

Cash advance payday loan - Another way to get money in a few minutes. Cash advance payday loan is ideal for rainy days. This option ensures that the much needed finance is in the bank account within hours of applying for it. The only thing to be done is to call a cash advance loans creditor who will verify employment. After the verification, $1000 is credited instantly to your account.

Short term loan - Apart from these options, paycheck finance companies also offer the short-term loan that is not more than a few hundred dollars, and can easily be repaid. There are special offers for military payday loans for army personnel and the interest charged is not monthly but annually, which is up to 500%.

Repayment

Paying back is a very simple procedure and only thing to be done is give a post-dated check or authorize an electronic withdrawal for the loan amount along with a one-time fee (only 15% to 0%). The money received from short term payday loan is for real emergencies and not for buying furniture or other items of the house.