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The payday loan industry suffers from a poor reputation rivaled only by the tobacco industry. Lately, I’ve done a fair amount of research on the economics behind short-term cash advances. the time.
Cash Advance – Lenders usually ask that you provide personal identification and proof of income when you apply. Some employers offer payday loans or advances on paychecks. which could hurt your ability to get new.
Would a Bank Payday Loan Be Any Safer? – Banks experimented with short-term loans a few years ago, offering what they were careful to call “deposit advance products” to customers who needed fast cash. deposit advances with payday loans.
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