Payday loans—also called cash advance payday loans, check advance loans, deferred deposit loans, and check that is post-dated short-term, high-interest loans in levels of $100 to $1,000 from a payday lender’s store, on line, and sometimes even some banking institutions. Because of the high interest rates—upwards of 300 percent APR (annual percentage rate)—payday loans are unlawful in certain states. Seguir leyendo
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