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There are a wide variety of reasons that people have been using payday loans right now. Before we look at those reasons, let's rapidly review how that the payday loan works. Unlike a conventional installment loan from a bank or a financial institution, you may use the payday loan for any other reason you would for example. You do not have to disclose to that the lender why you want the loan. They do not care. That they merely care that you have the resources to repay that the loan. So if you are 18 years of age or over, a citizen of the UK, have an income out of any other source and have a bank account of some sort you'll learn a payday loan. Your bank account can be a checking, savings, or debit card account. payday loans