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When the lender approve your loan request, funds can get deposited to your bank checking account from where you can bring out as much money you need for various purposes. Lenders may also offer you money with the flexible repayment option which enables settling down the amount during repayment. The age of consumer must be 18 years or older. It could differ according to the credit and the needs scores of the folks trying to get these loans. If you do go for a payday loan, the crucial point is that you know how you are going to pay it back. If not, then you can't afford the loan. No matter how desperate you are, the end result will leave you much worse off (see payday loan alternatives ).
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