What would you do if your month’s pay is exhausted and you have some urgent need of cash? A bank overdraft is an option but that comes with a fee. Here is one option which is cheaper than a bank overdraft. It is called a same day loan. A same day loan offers an easy loan option to individuals who are in urgent need of extra cash. A same day loan can be alternately called as a pay day loan or a cash advance. A typical characteristic of these loans is that a fixed finance charge is associated with these loans and there is no interest if payments are made in time. Also read financial advisor in chennai Advantages of same day loans 1. If we take a look at the uses into which the same day loans are put into, we can easily make out how valuable the service is. Imagine a sudden large expenditure comes up at your home during a particular month and you exhaust your month’s salary in the 2nd week of the month. A credit card bill follows or a rental payment is to be made out. ...
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