Payday loans in New York: what you need to know
There are 3 requirements for payday loan application: an active checking account, ID, and a present job. So long as you have these 3 requirements, you can get loan approval.
What are the advantages of payday loan against other types of loan? They provide cash fast, often within minutes. The big disadvantage is that they cost lot. The commission rate can be as high as 25 or 50%.
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