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Payday Loans in Kansas: Subprime Report.. In 2012, the total payday loan volume in the state was $413,891,458 (based on a total of 1,082,716 loans for the year), and the average loan amount was $382.
Payday loans have been in the news a lot recently, but not all short-term loans carry the same risks.. Some payday loan companies gather your personal information and then shop around for a lender. That means your information could go out to third parties as part of the lending process.
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Payday alternative loans cost less than traditional payday loans.. Our opinions are our own. Payday alternative loans, or PALs, allow members of some federal credit unions to borrow small amounts of money at a lower cost than traditional payday loans and repay the loan over a longer period.
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