The major problem attached to faxless payday loans is that they often come with high fees and interest rates. Because the loans being offered are short-term, no more than two or three weeks, the typical interest rate comes in at around 20 to 30 percent. This percentage rate would come in at around the 750 to 800 mark if the loan had an annual percentage rate (APR), and for many financial quick and easy loans today, this is too high. How Easy Is It To Get A Faxless Payday Loan.
The answer to that question is, unfortunately, very easy. Typically, payday loan companies target poorer neighborhoods, as they know that that is there best chance of obtaining new customers.
Additionally, all of my dealings with their customer service representatives, both via phone email, have been exceptional. What you should know about. Spotloan is a better way to borrow extra cash. Its not a payday loan.
Its an installment loan, which means you pay down the principal with each on-time payment. Borrow 300 to 800 and pay us back a little at a time.
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