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How Payday Loans Work

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How Does a Payday Loan Work?

Signing up for a payday loan with Platinum Payday Loan may be the easiest thing you have ever done – all you need to do is fill out our online matching service form and make sure you provide the most up-to-date information you have about your working situation and in no time our lenders could be approving you.

Upon completing the online form, a representative will contact you at the number you supplied on the form (make sure it's a number you have access to at the time you sign up) and will confirm the information provided, and finally finish up the rest of the process. In some instances it may be necessary to fax in documents to verify information as listed on your form.

If approved, your funds will be direct deposited into your bank account by the next possible business day! This may vary from lender to lender. Your assigned lender may have a few options for repayment. Please speak to your assigned lender for more repayment options. Just make sure to make a budget or a reminder to yourself so you don’t forget.

Who can qualify for a Platinum Payday Loan?

Just meet the following requirements:

• You must be employed or receive regular income from a program such as social security or welfare
• If employed, you must make at least $1000 per month or $800 if you receive income through a government program
• You must be 18 years old as well as a citizen of the United States
• You must have an active savings or checking account that allows for direct deposit

Please note that this may vary from lender to lender.

What about repaying my balance?

Option A: You may pay your balance back only and roll the finance charges into a separate advance
Option B: You may pay the finance fee and part of the balance back, rolling the remainder into a separate advance
Option C: You may pay the finance fee only and roll the full amount into a separate service

It's important to note that additional rules and restrictions may apply in each of these situations, so be sure to ask your representative about your options.

Get Started Today!

We hope that you realize that we treat our visitors fairly and efficiently, so if you’re satisfied with our online lender matching service than go ahead and sign up for your http://www.largecashloans.com/#payday advance today – our lenders look forward to hearing from you.