The term ‘payday loan’ often refers to short-term loans that must be repaid in full within the month, i.e., at the next payday. Our broker partner considers themselves as more than just a ‘payday’ broker and their lenders offer a variety of flexible repayment schedules as a result.
Unlike traditional loans granted by banks, The Money Shop and our partner’s lenders work with you to offer a repayment schedule that fits around what you can afford and when you can afford it. This includes taking into account your paydays and spreading the cost over a longer period if that’s what works best for you.
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