Wednesday, August 27, 2008

Same Day Payday Loans - Unsecured Quick Loan

Same day payday loans are the usecured loans that can be available in your checking account within hours. It is the best and risk-free high interest payday loans for the financial assistance. No need to place any collateral as security for the cash advance. These loans are quick because there is no need of faxing and documents and collateral as security.

The same day payday loans are the best choice of everyone looking for the payday loans, even bad creditors also apply for the cash advance loan online. Only lender verify whether the borrower has been employee for year or not.

Requirements for Payday Loans :

The urgent cash loan is unsecure loan so no need of any security, but you must be employer and have checking account in the bank and your age should be 18 or more. These are few requirements for the same day payday unsecure loans.

Payday Loan Amount :

Its all depends on the salary of the borrower. But you can easily get between $1000 to $1500 if your salary is more than $1000. The payday loans are short-term loans for next payday. The interest rate is very high, so pay the amount in time.

Payday Loan Interest Rate :

It is unsecure quick loans and for the bad creditors also so the lender charge high interest rate. The interest rate is upto $25-30 per $100. You must compare interest rates of the different lenders then choose the lender offers low interest rate loans.

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