Yep it#039;s true but I wouldn#039;t recommend doing it. The interest in so high plus if you use your next paycheck to pay for it, what would you spend until you get your next paycheck. This is how they get you to keep getting a loan over and over again. If you need the money, try borrowing it from a family member or a friend instead so you don#039;t have to pay the high interest fee.
This is true; you can get payday cash advance loan between $100 and $1500 and have the money secured against your next paycheck. There's no need for you to worry about having collateral to get the loan.