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Payday loans what is

Payday loans what is

Payday loan - Wikipedia, the free encyclopedia


A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan United cash loans login page

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A payday loan – which might also be called a “cash advance” or “check loan” – is a short-term loan, generally for $500 or less, that is typically due on Apply payday loan online no faxing

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A payday loan is a loan with extremely high interest payments. It is a short-term loan that is offered through a business and not a bank.

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Most borrowers using payday loans have bad credit and low incomes. They may not have access to credit cards and are forced to use the service of a payday loan company.

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What is a Payday Loan? A payday loan is a small loan, typically between $100-$1000, that is used to help a borrower's unexpected expenses such as bill payments, car I need cash now for free

Payday Loans


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Payday lenders have become a multibillion dollar industry in recent years. There are over 10,000 payday loan stores across the country giving cash advances.

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The government and the payday loans industry say steps are being taken to protect borrowers, but Consumer Focus says it is all too little, too late.

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