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Nov 12, 2017. Payday loans are unsecured personal loans targeted at people who need money fast but dont possess the type of credit or collateral required. A payday loan is a small, short-term unsecured loan, regardless of whether repayment of loans is linked to a borrowers payday. The loans are also sometimes referred to as cash advances, though that... Click to learn. Whichever payment method they choose, you receive your money usually in minutes.
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