How Payday Loans Can Be Expensive: Revision history

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31 January 2024

  • curprev 09:1609:16, 31 January 2024ShanaAckman35 talk contribs 4,626 bytes +4,626 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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