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Let me make it clear about Payday Lending in Ca

Let me make it clear about Payday Lending in Ca The Cash Advance Trap The ads make payday advances seem easy: a fee is paid by you, you obtain the money, and you repay it along with your next paycheck. You either keep a postdated check or your checking information utilizing the lender, and so the lender relates to the collection. As soon as your loan’s term (generally speaking one month or less) expires, the payday lender cashes your check that is postdated or the funds straight from your own bank checking account. But that process hides a trap: If for example the account does not hold sufficient to repay the mortgage, you will begin racking up interest costs and...

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