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Short-term loans, like payday loans, that carry a combination of high interest and short-terms, can be difficult to repay on time. Should I get Payday Loans? Many financial experts recommend staying away from payday lenders at all costs, and looking for alternatives instead.
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Payday loans may go by different names cash advance loans, deferred deposit loans, check advance loans or postdated check loans but they typically work in the same way. To take out a payday loan, you may need to write a postdated check made out to the lender for the full amount...
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Payday Loans FAQ. What is payday loan? Its a small (usually under $1,000), short-term, no-collateral, cash advance.. Payday loans are meant for emergencies. If you find yourself using them to pay regular bills, you should consider credit counseling, debt-management aid or other type of...
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