Fast Cash Payday Loans Online

Hi and welcome to my site. OK, I'm going to keep this short and sweet - I'm not going to bore you with the usual "rags-to-riches" story because I'm pretty sure you don't want to hear it.

What I will say though, is this...

Payday loans are short-term loans, marketed as one-time or emergency loans, that typically involve extremely high interest rates. According to the Center for Responsible Lending: “For a two-week payday advance, a borrower will pay at least fifteen dollars for every $100 borrowed. But with such a short duration these loan fees are equal to roughly a 400% annual percentage rate (APR). According to the Consumer Federation of America, a typical interest rate facing a borrower is 650%. To receive a payday loan, a borrower typically needs only personal identification, a checking account and some source of income. Payday lenders use post-dated checks or checking account data as collateral for loans

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One Response to Fast Cash Payday Loans Online

David from Digital Documents Direct said...

Great Article!

Thanks for the cash tips. Making money fast can be difficult. The best thing to do is learn as much as possible and work hard at it.

You can read more at my website.


Fast Cashor

http://www.fasteasycashfast.com

Thanks for the info

Regards

Bob.

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