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Payday loans can feature fees that equate to APRs as significant as four hundred%. In addition, you usually only have every week or two to pay again Anything you borrowed. These shorter phrases could force you to definitely acquire One more payday mortgage to buy the initial one particular, trapping you into a cycle of credit card debt.
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Repayment: Funds are withdrawn from your checking account on the day Brigit determines to be your future payday.
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