Learn before you write
September 3, 2009 | industry, research | Comments (0)Does this guy even know how payday loans work?:
With payday loans, the company knows that you need the money now and you really don’t have any other options. Knowing this, they can apply almost any fee or interest rate to your loan and you are likely to pay it.
Payday loans have flat fees. Some of these fees or limits are set by state laws.
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