Short-term loans, like payday loans, that carry a combination of high interest and short-terms, can be difficult to repay on time.. An online payday loan is a short term, small dollar loan secured by your paycheck. The entire transaction occurs online.
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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.
Looking for a Real Payday Loan Site? Many people need access to short-term loans on occasion. Perhaps you need to buy clothes before you start a. Some payday lenders try to avoid state laws by establishing themselves offshore or on tribal lands. You do not want to borrow money from a payday...
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