Step Three:
Once you have been approved for your online payday loan advance, your assigned lender will advance you the loan funds that you need overnight (sometimes you will receive the loan advance even the same day!) via an electronic transfer to your checking account. In some cases, upon due date your payday loan advance will be automatically refinanced (extended) and fees due will be debited on your bank account unless you contact your assigned lender in writing three business days prior to the due date to tell them to pay it off or pay it down.
We strongly suggest that you repay your online payday loan advance as soon as possible to prevent reoccurring loan fees and costs. Remember, payday loan advances are expensive forms of financing and should only be used in emergency situations.
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