Use it to keep the bills paid up until
your next paycheck arrives.
It is a cash loan or cash advance until
your next paycheck arrives.
In return, you post-date a check, hoping you can pay off the balance when
your next paycheck arrives, which is typically two weeks.
This is due to the fact that Payday loans have to be paid off by the time the applicant's
next paycheck arrives and the loan amount will be transferred to the borrower's bank account.
For the uninitiated, payday loans — also known as payroll or direct - deposit advances — work like this: A borrower promises to pay a fee, generally in the neighborhood of $ 15 per $ 100 borrowed, until
their next paycheck arrives.
So she wiped out her account to pay Uncle Sam and relied on birthday cash from her mom to buy groceries until
her next paycheck arrived.
It's worried about
the next paycheck arriving in time to make the mortgage payment.
Not exact matches
That is over 250 million Americans living by the skin of their teeth, waiting anxiously for their
next paycheck to
arrive and act as a lifeline until the
next one.
Since your
next paycheck may
arrive in the
next month or sooner, the turnaround time is very short.
The payment requirement also includes returning the money when the
next paycheck of the borrower
arrives.
When choosing a tax advance loan service, be sure to only apply for an amount that fits into your budget and that's easy for you to pay back with your
next couple of
paychecks, just in case your refund fails to
arrive or
arrives much later then expected.
If you can go without spending money on this item or service until your
next paycheck or cash infusion
arrives, it would be best to wait.
In the absence of sufficient savings, instant cash loans can fill in that role, serving as a safety net when emergencies or other unplanned bills create a need to spend your
next paycheck before it
arrives.
It may be a week to a month or even up to 4 months or more before you have to pay back the money, depending on when your
next paycheck is due to
arrive and whether you choose to extend the loan.
You wonder when that
next paycheck will
arrive, so you put together your resume, or hire someone to do so.
This is nice for risk - averse agents who like knowing when their
next paycheck will
arrive.