Frequently Asked Questions - www.paydaycashadvanceloansau.com

What is a payday loan?
This is a very popular short term loan. You take this loan anytime when you feel shortage of cash. This loan is specially meant for salaried people but anyone who has a regular source of income can get this loan.

For what duration of time payday loan is available?
The term of payday loan is 14 to 30 days. Generally you have to repay payday loan on your coming payday.

Is extension of repayment term of payday loan possible?
Generally, the extension of repayment term is not possible. However, in some cases you can extend term of repayment of payday loan by mutual consent of lenders. For extending the term of the loan you have to pay extra commission. Please remember that the extension of repayment-term of payday loan depends upon sole discretion of the lender.

After submitting my application, how long will it takes to get the loan?
The approval process of payday loan can be as short as few hours. This means you can get necessary cash on the same day when you submit your application. However, in some cases there might be some delay. Such delays happen only in rare cases.

Are there any the formalities associated with payday?
There are not major formalities but lender can ask for

• Proof of current job
• A valid bank account
• Address of current residence
• Phone number of workplace and home

What will be rate of interest?
The rate of interest which is charged on payday loan is known as lender’s commission. Lenders have sole discretion to decide their commission. But we know the market trend and we can arrange loan at cheaper rate of interest.

How can I apply for payday loan?
Applying for loan through fast cash payday loan is very easy. You just need to fill an online-application-form available on our contact us page. It just needed two to five minutes to fill this form.

I am unemployed; can I also take payday loan?
Though the payday loan is designed only for salaried professional but anyone with a regular source of income can get payday loan.

Is taking payday loan without regular source of income possible?
Sorry, you cannot get payday loan without the source of regular income. However, other types of personal loans are available for you. For more information you can write to us.