Mobile Cash Advance

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The term on payday loans typically range from 4 to 18 days, coinciding with the applicant's next payday. Some lenders charge a flat fee regardless of the length of the Mobile Cash Advance, while some lenders vary the interest rate depending on the length of the Mobile Cash Advance. Most payday loans lenders and affiliates of payday loan lenders offer clients the option of "rolling over" a loan, meaning that the loan is extended to the next payday and the subsequent fees are doubled. Reputable online lenders will allow a client to roll over Mobile Cash Advance no more than four times.

Most online Mobile Cash Advance lenders offer clients the option of "rolling over" a loan, meaning that the loan is extended to the next payday. The client can contact a lender and request to extend the repayment date to the next payday. In most cases the fees charged will double, meaning a $300 payday loan "rolled over" would incur a total fee of $60, requiring a repayment of $420. Extending repayment dates is something that consumers should approach with caution as the resulting fees accumulate quickly.

Many Mobile Cash Advance lenders now offer fax-less loans. Applicants begin the applications process by filling out and digitally signing an online application. Once submitted, the application is reviewed and you will be notified by phone or email regarding your status. If your Mobile Cash Advance loan is approved, you will receive the funds the next business day. Loans are typically approved within an hour and there are no documents to fax.

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	I have a regular source of income.
	I receive at least $1000/month.
	I have a bank account.