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How to Get a $500 Payday Loan

Written By diana pagina on Tuesday, May 7, 2013 | 4:51 AM

A $500 Payday Loan can be done in several ways. A payday loan is a loan that is made to an individual before they are paid from their employer. A person goes online or into a store and requests a payday loan.

The store will need several pieces of information in order to process the loan. The most important items are a bank account and a job. You will write a post dated check to the loan company for the $500 that you want to borrow.

The company will hold the check for a specified amount of time. On the due date you go and pay the loan company the $500 plus a fee and they give you back your check. This type of loan is not intended to be a long-term loan.

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