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Tips to Handle Your Emergency Cash Loan Well

Written By jeremy hunk on Sunday, May 5, 2013 | 9:24 AM

An individual applies for an emergency cash loan in times of emergency or when he has nowhere else to turn to. These paycheck advances are also known as payday loans and can be availed by anyone who is above 18 years of age and is a citizen of the US. The borrower can apply for a loan amount of $1000 without a credit check. The approval for the loan is almost immediate and the money is deposited into the applicant's account within 24 hours of approval.

Eligibility Criteria

The applicant needs to be a citizen of the US and should be above 18 years of age. He should have a regular income of not less than $1500 per month. He should also have a current and a valid bank account. He should not have taken another payday loan parallel to the one he is currently applying for. A post dated check of the borrowed amount and an identity proof has to be submitted at the time of approval of the application.

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