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Finding Good Loans for Bad Credit
When looking for loans for bad credit, many people find that the loan offers that they receive are riddled with complex loan terms and excessive interest rates.
If you're like most people, you don't want to pay more for loans for bad credit than...
Guide to Home Improvement Loans
Here is a useful guide to Home Improvement Loans. What is a Home Improvement Loan? Basically, a Home Improvement Loan is a loan to be used for home improvement purposes. Home Improvement Loans are secured on your property and can be used by...
Personal Loan and Personal Loans
Personal loans can be obtained from a wide variety of lending companies that offer secured and unsecured personal loans. If you are in need of a small, unsecured personal loan in the amount of $1,000 or you need personal loan in the thousands of...
The Truth About Payday Loans
How many times have you received a check from work in one hand, then give it all away to bills in the other hand? This is the typical cycle for most people. You work so hard to provide a decent life for yourself and your family; but, there is...
Using Payday Advance Loans Wisely: Emily’s Smart Move
Using Payday Advance Loans Wisely: Emily’s Smart Move
Thinking about taking out a payday advance loan but worried about falling into a debt trap? Read this real-world scenario of how one person navigated the maze of payday advance loans...
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PayDay Loans - Watch Out For Automatic Renewal of Loans
PayDay Loans - Watch Out For Automatic Renewal of Loans
When you chose a payday loan company that you would like to borrow money from, pay very close attention to their policy of loan renewals. Some companies will deduct the entire repayment due on your payday loan due date. That can be great for you, or that can be bad. It can be great, because you will pay your loan off, and accrue the least amount of interest possible in that period. It can be bad if you are caught off guard and your account is debited and the money is not available, leading to additional fees from the payday loan company, insufficient funds fees from your bank, and doing potential harm to your check writing privileges. Besides the additional fees from the payday loan company, it may be difficult to borrow from other payday loan companies in the future.
Don't Let Easy PayDay Loan Renewals Make Your
Loan Expensive
Remember, if the payday loan company automatically renews your payday loan every due date where they only take the interest and fees based off the principal, you will be subject to those fees until you pay off the principal balance. If a payday loan company charges you $75 per $300 loan for a 15 day loan, than if you pay the loan two months later, you will have paid $300 for a $300 loan. Making the small payment of $75 per 15 days may seem easy, but it gets expensive, quickly. The bottom line is if you need an emergency loan, pay it off ASAP!
About the Author
Hasaan A. Brown has spent years developing search engine optimized web sites and is currently running an affiliate marketing company. Visit My payday loan site that reviews the top payday loan companies.
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