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GECU - GECU Fast Cash™ Payday Lending. Many consumers who need cash quickly turn to payday loans – short-term, high interest loans that are generally due on the consumer's next payday after the loan is taken out. The annual percentage rate of these loans is usually very high – i.e., 390% or more. Pages - Payday Lending - NCUAWhat is an APR on a payday loan and how should I use it? Read answer My payday lender claims to be located in another country and therefore does not have to comply with U.S. federal laws that protect consumers. Is that true? Read answer What should I consider if I'm thinking about getting a payday loan online?

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Payday Lending. Payday loans are small cash short-term loans that are designed to cover immediate (and frequently emergency) expenses. They are censured a lot because of high interest rates charged and the effect they have on borrowers in long-term perspective.Payday Loans -- Why They're Bad for You | Credit Karma payday loans high interest rates Before Borrowing from Payday Lenders Press Pause - Credit MidWestOne Bank - Banking | Loans | Mortgage | Investing | Trust payday loans mn brainerd Personal Loans - Journey Federal Credit Union Because payday loans can be granted without a credit check, they offer a quick solution to a time of stress, and they can help you avoid those astronomical overdrawn account fees. Keep in mind, though, that payday loans are meant to remedy financial challenges on a short-term basis; they are not a good financial solution 

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