Unlike traditional lending policies, short-term lenders welcome clients in the St. Louis area who have bad credit or no credit at all. A payday loan is intended to meet the immediate financial needs that crop up in between paychecks. It is no surprise that consumers are struggling to make ends meet due to pay cuts and furlough days. Paychecks are unable to take care of customary monthly living expenses and nest eggs have been depleted.

When unexpected bills and repairs arise in between paydays; a payday advance is the perfect solution. Borrowers are expected to show proof of income when applying for a loan. Gainful employment, a retirement pension, or Social Security or Disability checks are all considered as qualifying proof of income.

An individual that is at least 18 years old may be approved for a loan. Most individuals have no problems qualifying for an advance in just a few minutes.

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Share secured loan vs secured personal loan

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Share secured loan vs secured personal loan