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A payday loan is a practical choice when you need a small amount of money.These loans from ACE cash express can be anywhere from $100 to $1000. Payday loans are short-term loans designed to help you pay for immediate expenses. They are considered short-term loans because the loan balance is due the following payday.
Long-term loans are a better choice when you need a larger amount of money. Long term loans have a longer payback process than payday loans. However, with long-term loans, you must undergo a rigorous application process that can take several weeks to several months before you receive the cash. Short-term payday loans are generally expected to be repaid within a month, or by the time your next pay period comes around. In most cases an online payday loan can offer you cash as quickly as overnight.
Long-term loans often require the borrower to explain the purpose of the loan before approving the transaction, so you may need to disclose personal information you want to keep to yourself. ACE Cash Express does not require an explanation for how you will use the money for payday loans. This helps ensure privacy and speeds up the loan process.