Payday loan companies: 5 things to look for: Cost of Credit per $100 Borrowed

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Cost of Credit per $100 Borrowed

As you probably already know, taking a loan from a payday loan company means you will have to pay back the money you got from them as well as an extra fee. Obviously, the more money you get, the higher the fee will be so it’s important to find the payday loan company with the lowest rates. Some of them ask for about $30 per $100 borrowed which is a pretty large amount. However, if you take your time to look around for the best, you could find some that request $10 per $100 borrowed.

 
 
 
 

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