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A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured http://usapaydayloans.info/delaware/newark-de/, «regardless of whether repayment of loans is linked to a borrower’s payday.» The loans are also sometimes referred to as «cash advances,» though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Payday advance loans rely on the consumer having previous payroll and employment records.

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