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Once you fill out an application, you can expect a loan decision within a day. The lender will send you the money via electronic funds transfer if approved. In addition to having click high interest, payday loans can become direct lender loans if not repaid by the end of your term.
If a balance remains, most payday lenders will roll it into a new payday loan, which adds extra fees and interest. It is not uncommon for many payday direct lender loans to wind up costing more than the original http://postoftheday1.com/michigan/new-tax-credit.php borrowed.
This direct lender loans protects consumers from predatory lending that takes advantage of the working poor.
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