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Aktuelle Version vom 25. September 2012, 22:08 Uhr
Why do payday loans get such a undesirable rap? Usually moments you will see negative tales about payday loans and how they carry ridiculous APRs of above three,000%. These high APRs however are inherently flawed. An online payday money progress is designed for brief-time period borrowing and must not be annualized to get an interest charge. Taking this identical logic of the payday loan critics, you would quote a resort place for 54,000 a calendar year or buy salmon for $15,000 a ton. It just doesn't function that way.