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Ca budget pay day loans. What exactly is an online payday loan? FAQ Payday advances are also called вЂњcash advancesвЂќ or вЂњdeferred deposits.вЂќ The borrower writes a check to a lender in exchange for a short-term cash loan in a payday loan. As an example, a debtor writes a $300 check, will pay the $45 […]