Definition: Preferred Cash Payday Loan

A preferred cash payday loan is a small personal loan. A preferred cash payday loan is frequently referred to as a cash advance, payday advance, or payroll advance. A preferred cash payday loan is a short term loan that customers take out when they need a few hundred dollars until their next payday. A preferred cash payday loan is a two week loan.

Uses: Preferred Cash Payday Loan

Since a preferred cash payday loan is a personal loan you can use the preferred cash payday loan for anything you want. A preferred cash payday loan can be used as vacation money or a preferred cash payday loan can be used for extra shopping money. You can pay bills with a preferred cash payday loans, you can make credit card payments with a preferred cash payday loan, you can even use a preferred cash payday loan for weekend money. A preferred cash payday loan is a very flexible loan, so do what you want with your preferred cash payday loan.

Cost: Preferred cash payday loan

A preferred cash payday loan costs $25 for every $100 borrowed. If you take out a $500 preferred cash payday loan you will have to pay back a total of $625 because there is an additional $125 in preferred cash payday loan finance fees due. The good news is that if you are a first time preferred cash payday loan customer your first preferred cash payday loan is free. This means that when you pay back your preferred cash payday loan in full, the finance fees are waived and you only pay back the exact amount that you borrowed.