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Cash advance bcu

This cap ranges from 300 to 1,000, with 500 being the most common amount. The Pew report says the average size of a payday loan is 375. Shorter Terms. A payday loan is supposed to be paid back when you get your next paycheck. In most cases, this cash advance bcu the loan term is two weeks, though it can sometimes be as long as a month. No Installments. With a normal bank loan, you pay back the money bit by bit, in installments. For instance, if you borrow 1,000 for one year at 5, you pay back 85.

Cash advance bcu