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The tiniest checking account is much better than a pay day loan

The tiniest checking account is much better than a pay day loan

They may be called numerous names: payday advances, cash advance payday loans, check advance Indiana cash loan loans, post-dated check loans or deferred deposit loans. What they’re, though, are short-term, high-interest-rate loans directed at borrowers whom require just a little cash that is extra their next paycheck.

This is how it goes: Generally, a borrower writes a personal check payable to the lender for the amount borrowed — plus a fee, which represents the interest if you’re not familiar with this game. Continue reading The tiniest checking account is much better than a pay day loan