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Can payday loans take money from my account?

Yes, but the payday lender will likely take collection action quickly. When you apply for a payday loan, you issue the...

Which payday loans accept prepaid debit cards?

A payday loan with a prepaid debit card can lead you to get short-term funds for your expenses. If you have a prepaid...

Why is a payday loan considered abusive?

Payday loans are one of the most commonly cited examples of predatory lending because they have high fees and short...

What credit score do you need for a payday loan?

The short answer is no, you don't need a credit rating. Payday lenders often don't check your traditional credit score.

Does California make payday loans?

While payday loans are available in California, they are an expensive form of credit. We've examined alternatives to...

Are Payday Loans Hard to Repay?

Payday loans are sometimes harder to repay than a traditional loan, because the lender didn't verify your ability to...

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Why are payday loans a problem?

Why are payday loans a problem?

The main problem with payday loans is that you have too little time to pay the full amount you owe. In fact, you usually...

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Can payday loans take you to court in texas

Can payday loans take you to court in texas

Under Texas law, the statute of limitations for payday loans is 4 years. This means that if you don't meet the payments,...

How can i get an emergency loan in Ghana?

How can i get an emergency loan in Ghana?

Get a fast loan at affordable rates to meet all your business needs, such as equity financing, fixed asset financing,...

Why would I be denied a payday loan?

Why would I be denied a payday loan?

The most common reasons you would be denied a payday loan (or any loan) would be your credit score, income, and past loan ...

Do they run your credit for a payday loan?

Do they run your credit for a payday loan?

Payday lenders have few approval requirements. Most do not perform a credit check or even require that the borrower have...

What happens if the payday loan is not repaid?

What happens if the payday loan is not repaid?

At some point, the payday lender might send your debt to collections. In the end, you may owe the amount you borrowed,...

Are Payday Loans Legal in Maryland?

Are Payday Loans Legal in Maryland?

Maryland has banned payday loans since 2002.Any lender wishing to operate in the state must meet the APR limit of 33%...