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In a payday loan, you promise to repay the amount with your next paycheck. But these loans also have extremely high interest rates and fees; they are usually only two weeks to a month long. This means that you dont have a lot of time to pay off your balance. Thats when these loans get expensive for you, and extremely profitable for the lender. Because of the short terms and high interest rates, a lot of people are unable to pay back these loans on their due date. This leads to rollover.
Rollover means paying additional fees to extend a loan.
Consumers are encouraged to consult the federal, state, and local governements to learn more about the risks involved with cash advances, local laws and regulations governing cash advances, possible loan alternatives and recent developments in their state. Consumers with credit difficulties should seek credit counseling.
Residents of New York, Arizona, Georgia, Vermont, Virginia West Virginia are not eligible to apply for a cash advance on this web site. Get Up to 1000 Payday Loans. 1 Step - Click button Get Started and fill out the simple online form. Any credit can be accepted. No paperwork. 3 Step - If approved, money may be deposited by the lender in your bank account.