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Defying the basic laws of economics which state that loans are effective if they stretch for years in a row, financial companies worldwide have developed short-term loans to accommodate people who need money until their next salary. These loans have come to be called payday loans, although institutions don’t ask for a proof that the money paid back actually comes from the salary. If, at this point, you want to inquire more about this topic, contact us; at www.unitedfinances.com, we offer support and credit optimizations to all our (potential) customers.
There are two types of payday loans from a theoretical perspective: common payday loans and guaranteed payday loans. The first category refers to situations when you need to qualify, whereas the second is open to anybody who has a regular income. Naturally, it is preferable to choose guaranteed payday loans if you have the opportunity to do so because they offer you flexible solutions and an increased range of options to choose from.
Be it online or local, a guaranteed payday loan will have the following characteristics:
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