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It is common to get confused but it takes common sense to understand all aspects of lending and borrowing better. Get complete guidance and regular updates with regards to payday loans.

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Month: July 2018

Why Wage Garnishment Is a Nightmare ?>

Why Wage Garnishment Is a Nightmare

When you do not have the control over your paycheck, and a certain percentage of it gets deducted beforehand, it is nothing less than a nightmare. Wage garnishment, a court-approved legal process, does exactly the same to the people who fail to pay off their payday loans on due. precisely, the court directs the employer of the borrower to carry out this so that the owed money can be paid to the lender. That means the wages are garnished on…

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How Much does a Payday Loan Cost? ?>

How Much does a Payday Loan Cost?

Payday loans are undoubtedly the most popular and widely used short-term debts in America. Especially, the low and middle-income groups depend on these emergency cash loans to address the shortage of funds between paycheck days. Since one can avail money as little as $50, and a maximum of up to $1,000, every kind of unexpected expenditure that falls under the amounts gets taken care of. On top of that, easy application, acceptance of poor and bad credit scores, speedy approval…

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What Are Payday Loan Stores and Check Cashing Outlets ?>

What Are Payday Loan Stores and Check Cashing Outlets

What Are Payday Loan Stores? Payday loans are immediate rescuers from cash crisis. These short-term emergency loans can be availed within one day of application. Without running a traditional credit check, lenders approve loan applications. A loan approval means access to quick cash up to $1,000. These cash advances can be availed in two ways. Either you can apply to lenders like EZPaydayCash that operate online- without visiting a store, and get funded within 24 hours or you can go…

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Why Is It Not Good to Go to a Check Cashing Store? ?>

Why Is It Not Good to Go to a Check Cashing Store?

Does a Check Cashing Store Give You a Payday Loan? Check cashing stores are outlets that help people with no bank accounts to cash their checks. They charge a fee and that usually gets deducted from the check‚Äôs original value. For example, if you went with a check of $400, they would give you cash worth $390, and $10 would be treated as the fee. Checks of any kind- from payroll loan checks, personal checks to government checks etc. can…

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What is the Average Interest Rate on a Payday Loan? ?>

What is the Average Interest Rate on a Payday Loan?

Are Payday Loans Good or Bad? Payday loans are short-term cash advances borrowed especially between paydays to address cash shortage or to meet unavoidable expenses; for example, fixing a car or visiting a doctor. Store-based lenders, as well as the online ones, offer such financing without running through your credit within a day of application. You can avail anything between $50- $1000 without any obligation on spending, but need to payback on the due- which is the coming salary day….

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