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Requirement of Payday Loans

For approval of the payday loans, you are required to fulfill the pre requisites laid down by the lenders. You must be employed in a company or organization for the past few months with a fixed monthly income. A current bank account is also required at least 3 months old. Above your age should be more than 18 years.

If you are able to fulfill the details, you can obtain amount anywhere in the range of £100-£1500 for a repayment period that stretches for 14-31 days. In short, you need to pay back the amount when the next payday arrives. The best part about this loan scheme is, in case there is shortage of finances you can extend the repayment duration by a few days more on paying a small fee to the lender.



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Requirement of Payday Loans