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Personal loan
Avoiding Payday Loans
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[QUOTE="Caramelle, post: 201538, member: 150"] [JUSTIFY]Payday loans offer a convenient option for people who need quick cash and are willing to pay the high-interest rates commonly imposed by lenders. The speed with which payday lenders deliver cash to the needy is something that borrowers can appreciate. Other sources of loans take a longer time to process and release the loans. Despite their convenience, people should think twice about borrowing from payday lenders as the high interests rates can make it very difficult to settle the loan. We can avoid borrowing from loan sharks by planning our cash flows and acquiring loans, if needed, from organizations that offer softer interest rates and lower monthly payments. Credit cards or banks sometimes offer loans with low effective interest. In my country, at least two government agencies offer emergency salary loans with minimal interest rates. These loans are usually payable in 24 months. [/JUSTIFY] [/QUOTE]
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