Borrowers who will be considering a payday advance should be mindful of the potential consequences of default, including law suit and damaged credit. Payday loans are often marketed as a quick and easy way to have cash, but they are able to be very costly over time. These loans are …
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A payday loan is really a short-term, high-interest loan that is meant to be repaid around the borrower’s next payday. Borrowers that are considering a payday loan should be alert to the potential impact on their credit standing and financial well-being, and really should only borrow what they can afford …
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