Payday Loans -- Who can get them?

Who can get a payday loan?
If you're an American citizen 18 years or above, holds a job paying $1000 per month, and has an active checking account, you can get a payday loan. But you should have been holding the job for more than the last 3 months. That's because your payday loan lender needs to know that you're a stable character.

Payday Loans -- Useful, but lethal!

Payday loans are small, short-term loans given against your next paycheck. You only have time till your nexy payday to repay your payday loan. But these cash advances are only for comparatively small amounts ranging from $100 to $1000. You can use a payday loan to tide over a sudden financial emergency. Don't make that a habit, though. Learn to budget your money well before you apply for a payday loan.