“The danger of payday loans is less about the APR and much more about the extremely short repayment period. If you need money immediately, you probably aren’t concerned with the annualized cost. In your mind, the loan will be repaid with your next paycheck, so APR is not even on your...
More Need Help as Debt Crisis Mounts; Payday Loans Put Families in TroubleRead the full-text online article and more details about "More Need Help as Debt Crisis Mounts; Payday Loans Put Families in Trouble" - The Journal (Newcastle, England), October 18, 2012...
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“The danger of payday loans is less about the APR and much more about the extremely short repayment period. If you need money immediately, you probably aren’t concerned with the annualized cost. In your mind, the loan will be repaid with your next paycheck, so APR is not even on your...
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Commonly, $100 loans are referred to as small loans. They are often called payday or short-term loans. Also, 100-200$ loans have high interest rates if compared to traditional personal bank loans.
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