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Why Payday Loans Are Dangerous

Süd_Agentur / Getty Images It’s hard to find yourself in a situation where you need money right now, but you are not alone. According to a study by the Global Financial Literacy Excellence Center at George Washington University, 42% of millennials have used methods like payday loans as a means …

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Are Federal Interest Rate Caps an Automatic Benefit for Borrowers? Payday Loans Minnesota Illinois Chicago Email

Small dollar short-term lenders who are not burdened by a federal rate limit can charge borrowers interest rates of 400% or more on their loans. But more states are lowering that number by setting interest rate caps to curb high-interest borrowing. Currently, 18 states and Washington, DC have laws that …

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What are payday loans and how are they applied for?

Anyone can encounter a cash emergency at any point in their life. A million people are confronted with this situation every day. When such an emergency arises, the first thing that comes to mind is payday loans. These loans are similar to those of a credit company. Payday loans are …

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Payday Loan Alternatives in Maryland

As one of the easiest methods to get a quick cash advance, payday loans are widely offered to the public. Exceptions are states in which the specific regulations for these loans apply. Such a situation is currently problematic for residents of Maryland. Still with some quality tips from Cashloansnearby in …

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7 Ways To Get Quick Cash In addition to Risky Payday Loans

EHStock / Getty Images / iStockphoto As COVID restrictions wear off, there are quite a number of people who itch to do a whole range of things that they have been denied to do for over a year. Unfortunately, tight budgets are not uncommon even with the new stimulus. Related: …

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