You've heard so-called "horror stories" about payday loans, but the facts are pretty straight forward. You apply with an online lender like ThinkCash or Payday One. If you are approved, you can usually borrow up to $1000. The key here is that you have to be sure that you are able to pay this amount back by or around your next paycheck. Obviously there is some flexibility here, but you get the point. These are short-term loans that are in place to give you short-term help. Don't apply for more money than you can afford to repay!
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