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A dog will be a special part of your family, i know ours is already. You might quickly find yourself underneath a mountain of debt. Let’s say, as an example, you need to borrow $500 to pay for repairs on your car, so you get a payday loan. However, it turns out that it takes you four months to save enough money to pay back the loan. During that time, the loan rolls over 8 times, meaning you get charged 17.5% interest eight times on the original $500 loan. Here’s what your interest would look like: Up to 41 days repayment period
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Installment loans are short term loans, ideal for unexpected expenses. On the other hand, payday loans are financial solution that will help you to bridge the gap in cash flow between two consecutive paydays. Disclosure . We pay our reviewers and we are compensated for our reviews. Click here for details. â—ŹÂ Quick and easy documentation that takes only minutes! |
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