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Can you please tell me what to look for to take out a payday loan from a legal lender?

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Can you please tell me what to look for to take out a payday loan from a legal lender?




Check out the interest rate of the payday loan along with the rollover charges. Also, check whether or not you have to sign a wage assignment with your lender. But I would suggest you to look for alternate options of payday loans before opting for one.

Sub: #1 posted on Thu, 10/24/2019 - 23:51

Craigh.terry Craigh.terry

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I agree with craigh. You should discover other alternatives of payday loans before hitting the market. You may opt for a monitory help from your family, or you may ask for an advance loan from your employer. Apart form that you may also take out a personal loan or a loan from credit union. Normally these loan interests are quite low than normal payday loans.

Sub: #2 posted on Sun, 10/27/2019 - 22:36

Barbara Delinsky Barbara Delinsky

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There are many things that you need to check for taking out a loan from a legal payday loan company. First, check the state payday loan laws. Find out if payday lending is allowed in your state. If it isn't allowed, then you shouldn't borrow a loan. Next, check the website of the payday loan company and find out if they belong to any tribe. If they are a tribal entity, then you shouldn't borrow from them.

Sub: #3 posted on Fri, 11/01/2019 - 04:01

Nick Jonas Nick Jonas

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