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A payday loan is a short-term loan for a small amount, typically $500 or less, thats typically due on your next payday, along with fees. These loans may be marketed as a way to bridge the gap between paychecks or to help with an unexpected expense, but the Consumer Financial Protection Bureau...
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A payday loan is a high-cost, short-term loan for a small amount typically $300 to $400 thats meant to be repaid with your next paycheck. Payday loans require only an income and bank account and are often made to people who have bad or nonexistent credit. Financial experts caution against...