Secured Short Term Loan Application







HPD Loans Offers Short Term Payday Loans to Fit Your Needs

A payday loan is a small loan that can be used whenever you are out of money temporarily. Most of these loans are short term loans and they generally are only for about two weeks for a small amount of money.

Many people prefer using short term payday loans to help them out when they need some quick cash. People need these loans for car repairs, home repairs and many other instances, such as an urgent bill.

How Payday Loans Work

You usually will write a check to the loan company for the amount you need to borrow and the agreed-upon fees. The loan company will give you the needed cash and you will usually leave the check with the loan company; however, some companies allow you to write the check with the fee included at the end of the payday loan. The check is then cashed at the end of the payday loan, which is usually in two weeks.

If you work at a job that only pays once a month or on specific days of the month, you may be able to get a payday loan that will fit your specific payday.

If, for some reason, you cannot repay the loan on the due date, you can usually extend the loan, which means you have another two weeks (or an agreed-upon time) to pay it back, but the fees will keep accumulating.

When to Use These Loans

These loans can be used whenever they are needed. You simply go online or go to a payday loan company and receive the cash. However, it is considered good practice not to use these frequently because you can run into trouble if you can’t repay them and you can become needy on the loans. Contact us today to get the help you need.