Payday Loans: How They Really Work!

Payday loan companies gives the borrower the amount of the check minus their fee (They get their money up front).Fees charged for payday loans are usually a percentage of the face value of the check or a fee charged per amount borrowed for every $50 or $100 loaned.A cash advance loan secured by a personal check - such as a payday loan - is very expensive credit.Let's say you write a personal


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