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Category: national payday loans online payday loans

What exactly is an online payday loan?

What exactly is an online payday loan? In accordance with the federal customer Financial Protection Bureau, a pay day loan — also known as a “cash advance” or a “check loan” — is a short-term loan, often for $500 or less, that is usually due whenever you have the next paycheck. The cost of the loan, or the finance change, may range from $10 to $30 for every $100 you borrow as explained by the consumer bureau. When you sign…