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What is a payday loan?

  • Listed: August 12, 2022 3:28 pm
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What is a payday loan?

While there is no set definition of a payday loan, it is usually a short-term, high cost loan, generally for $500 or less, that is typically due on your next payday. Depending on your state law, payday loans may be available through storefront payday lenders or online.

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