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Other lenders may demand very high rates and fees. On average, this takes about 24 hours but transfer times can vary depending on when your loan is approved. Your bank may reject your applicationif you have bad credit.

If you default on the payday loan, you also may have to pay additional fees, which are described in the loan agreement or permitted by the law. You will be informed in advance about all applicable fees, so you will know about exactly how much you need to pay on your next payday. Read the fine print to ensure that there are no hidden fees. Pounds day co uk is the uk s reliable, fast payday loan to 1500 secure, and flexible payday company,.

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Most lenders will run a routine credit check on an applicant but having bad credit does not necessary disqualify someone from being approved. Speitts in finance and human resource management.