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Some states like Sc have placed limits on the fee amount allowed. Sc law limits this fee to 15% of the sum borrowed. If you were to look at this in a yearly APR it would be 390% interest.
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www.Yescreditone.com :: Besides lengthy queues and detailed procedures, a lot of paperwork is also involved. Despite if this time around consuming process, there isn't any guarantee that your loan is going to be approved. Comparatively, obtaining a payday loan is much simpler. It often takes just a few minutes to fill out your own personal details and the required loan amount around the online form provided on unsecured guarantor loan websites. - www.Yescreditone.comThe thing is, that's the trouble with them as well. Once you get to the problem using pay day loans, you have a tendency to use and abuse them continuously, thinking that they're the highest thing since sliced bread. You tend to forget that, as with any things, pay day loans also have their downfall.
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