payday advance
If you get a payday advance do you have to pay it back all at once??
Suppose I get a $1000 payday advance, do I have to pay it all back at once??
Are you talking about from your employer or from one of those payday loan places? Either way, bad idea.
From your employer, you’re basically advertising that you can’t manage your money. The payment arrangements would be up to your employer, but do you really want them knowing your personal business like that?
Those payday loan places charge like 400% interest per year! You write them a check (dated for your next payday) plus interest, then they give you the cash. Yes, they will deposit your check on the date it was written for unless you go down there and give them a new check (which is a new loan). So, yes, you have to pay it back all at once—at a very, very high interest rate.
Riverside Cashback Payday Advance