As the name implies the same day cash loans are designed to get approved within the same day. It is a short term loan which is available for a period of 14-31days. An amount in the range of £100-£1500 can be availed to meet needs like medical and hospital bills, credit card dues, school fees, hosting parties for friends; dining etc. In this credit the rate of interest is slightly high because it is available for short term only.
However to avail this there are certain criteria's which must be fulfilled in order to take the amount. They are as follows:
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