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There have been a wide variety of reasons that people have been using payday loans right now. Before we look at those reasons, let's speedily review how the payday loan works. Unlike a conventional installment loan from a bank or a financial institution, you are able to use the payday loan for any reason you would for example. You do not have to disclose to that the lender why you want the loan. They do not care. They merely care someone to have that the resources to repay the loan. So whenever you have been 18 years of age or over, a citizen of that the UK, have an income out of any other source and have a bank account of some sort you'll be able to determine a payday loan. Your bank account can be a checking, savings, or debit card account. payday loans