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Payday loans glossary
An A-to-Z list of terms you should know before taking out this high-cost form of financing.
While payday loans can be helpful when you need money fast and don’t have the credit to qualify for a traditional personal loan, they’re not without risks. Because of the high costs and penchant for predatory lenders, it’s especially important to make sure you understand the terms laid out in your loan agreement before signing the dotted line.
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