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A payday loan default can drain your bank account and trigger collection calls, a lawsuit and wage garnishment. Here are some actions you can take to protect yourself if you cannot. Failure to repay a loan is not a criminal offense. In fact, its illegal for a lender to threaten a borrower with arrest or jail.
Payday loans are bad. Most people will agree. But these mind-boggling stats show just how harmful these short-term predatory loans can be.. This is important because it allows you to accurately compare different kinds of loans. Unlike most personal loans, which are paid back over a period of...
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What Exactly Are Cash Til Payday Loans? By taking out a payday loan, you can avoid the penalties that come with unpaid bills, bounced checks and overdrawn bank accounts. This type of loan is a quick alternative to a traditional loan, and can be helpful in emergencies. Maybe you must pay for car...