Payday Loans
Need A Payday Loan On Demand?
4:49 AM, 2007-Apr-25
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There are two serious considerations about pay day loans. The first is the fee. This may range from ten to thirty-five dollars per hundred loaned. That means that you'll be writing a post-dated check from a low $550 to a high of $675 to get to the $500 you would receive in a few days from your job.The second has to do with your finances after you repay the loan. If you hand most of your coming paycheck over to the payday loan company, will you be able to handle your regular living expenses until the next payday?
Borrowing the least amount to cover what is absolutely necessary helps. Otherwise you can easily fall into the payday loan trap.
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