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Receiving the money from your loan is easy- it is deposited right into your bank account. quick payday loans no paperwork Cash loans are relatively pricey when compared with other loan types. Cash loans are not recommended as a long-term financial solution and should only be taken out in emergency situations. *Calculation: (lender fee / loan amount) x (amount of days in a year / duration of the loan) x 100 Low End Calculation: ($40 / $300) * (365 days / 14 days) x 100 = 347.62% High End Calculation: ($80 / $300) * (365 days / 14 days) x 100 = 695.24% In the form that is unsecured, the nominee doesnt have to supply any guarantee of any kind to the lender to avail the facility. Nevertheless, due to the lending company finds the candidate in a repair this also to prevent any losses, he costs the applicant having an increased interest rate. However, the applicant will not confront any threat of dropping possession of his house of he doesnt pay back punctually. Any sum of money which lies in the number of 1000 to 250000 can be sanctioned by the financial institution as well as it should be paid by the individual back in a period of time of 1 to ten years.