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If you have an urgent expense and need to borrow money fast, payday loans are an option. These loans are designed for easy approval and quick funding. The catch? They’re extremely expensive, so they’re only suitable as a last resort. If you’ve decided a payday loan is best for ...
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Other payday loans can have even higher APRs of above 600%. If you aren’t prepared to repay the payday loan on the required date, you can often extend the loan—by paying another fee. You could potentially continue extending the loan for months, eventually spending much more in fees than...
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