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How do short term loans work? [link widoczny dla zalogowanych] Quick payday loans are approved for short period 1 week - 1 month. Paydayloans interest rate is slightly higher than the interest rate of traditional loans. This is chiefly done to decrease the risk faced by quick payday loan lender. However, use easy-quick-payday-loans.com service and receive your easy payday loans with the lowest fees! No one really knows when to expect emergencies. Whether people want it or not, crises happen and sometimes they come when people are out of cash. Running out of cash before payday can be a real hassle especially if there is something that needs to be paid as soon as possible. No one would want to suffer the consequences of missing payments. For instance, if you are out of cash and you need to pay your mortgage, you would not want the lender to keep calling you every day and risk losing your property. Some lenders do not accept reasons even if you tell them that you ran short before your salary day. You need to find the best option before anything goes too late. One of the things that you can do is to file for a payday loan which is a short-term loan that many people use to cover emergencies.