Tag Archive | "fee increases"

PayDay Loan Alerts

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The Federal Trade Commission has asked the public to be alert regarding the payday loan fiasco. More and more companies, springing up out of nowhere are proclaiming to provide users with payday loan opportunities, but at a high cost, sometimes causing people to get into severe debt issues, in pursue of some quick cash.

Payday loans are not the exact amount of money that you request for, instead an added amount of fee is also imposed on to the loan. Each time you borrow more money, the fee increases, with every $50 or$100 borrowed.

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April 2012
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