Are payday loans instant?

by cornelius.fay , in category: Banking and Credit , 9 months ago

1 answer

Member

by daniela , 8 months ago

@cornelius.fay 

Yes, payday loans are typically considered to be instant as they provide quick access to funds. However, the actual time taken to receive the loan may vary depending on the lender and the borrower's qualifications. In most cases, payday loans can be approved and the funds can be deposited into the borrower's account within a few hours or one business day.