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How Payday Loans Can Be Expensive: Revision history

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1 January 2026

  • curprev 23:2023:20, 1 January 2026‎ KatrinPrentice Sọ̀rọ̀ contribs‎ 4,534 bytes +4,534‎ Created page with "<br>Payday loans are designed to help you through small emergencies and bridge the gap between your paydays. However, they can be very expensive.<br><br>Typically, payday lenders don’t do credit checks and their repayments don’t appear on your credit report. This makes them accessible for borrowers with bad credit scores.<br><br>However, they often catch borrowers in a debt trap through multiple extensions and rollovers of their loan, which leads to additional charge..."
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