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Online payday loans work in a very similar way to standard payday loans. A payday loan (also called a payday advance) is a small, short-term unsecured loan, regardless of whether repayment of loans is linked to a borrowers payday. The loans are also sometimes referred to as “cash advances”, though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Payday advance loans rely on the consumer having previous payroll and employment records. Legislation regarding payday loans varies widely between different countries and, within Canada, between different provinces. [link widoczny dla zalogowanych] In order to qualify to get installment loans for bad credit via Snug Loans, you need to fulfill some basic criteria as the countrys legislation has set up some rules and regulations that we must obey. As per the legislation â Bad Credit Loans Nyc Yes, your personal information is safe. Our site is protected by the best security software available, and all information provided is encrypted during submission.