Although you may be a good money manager, living from one pay check to another almost guarantees at some point you will find yourself short of cash. What happens if your rainy day savings have already been drained? What solutions can you consider? What if I am not paid again until 3 weeks from now?
You’ve probably heard of short term payday loans, but you might be weary of the amount in interest it would cost you if you are paid once a month.
Fortunately, you can always rely on Spotya! payday loans as a viable solution. This is a reasonable loan to take on even if you find yourself in a situation when pay day is still a few weeks away. Situations arise that are beyond our control, and it happens to the best of us. Whether it’s for medical expenses, travel costs, a death or sickness in the family or any other financial emergency that you need to address, a short-term payday loan from Spotya! just might be the answer that you are searching for.
1 Month Paycycle Loans: How They Work
But how exactly do 1 month payday loans work? When you go online and apply for your loan, you will select your pay cycle as monthly. Type in your next payday and that will be when your loan is due. No additional interest is charged since this is your pay cycle.
The good thing about these payday loans is that you will receive the finds the next business day and you do not have to undergo credit checking. It may just be the best solution!